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4221 Forest Beach Drive NW, Gig Harbor, WA 98335
3 beds • 2 baths • 2646 sqft
$3,324,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -27.32% first-year return on $716k initial cash invested.
-27.32%
Cash On Cash
0.29%
Cap Rate
0.05
DSCR
$5,385
Rent
-$16,303
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,385 income − $21,688 expenses = $16,303 out of pocket
Investment Breakdown
|
Purchase Price
$3324k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$716k
Downpayment
20%
$665k
Closing costs
1%
$33,240
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$5,385
Total Expenses
$21,688
Mortgage P&I
313%
$16,878
Property Taxes
33%
$1,755
Home Insurance
23%
$1,225
HOA
0%
$0
Property Management
12%
$646
CapEx
4%
$215
Vacancy
3%
$162
Maintenance
4%
$215
Other
11%
$592