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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 Long-Term investment with a projected -29.57% first-year return on $698k initial cash invested.
-29.57%
Cash On Cash
-0.05%
Cap Rate
-0.01
DSCR
$3,590
Rent
-$17,202
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,590 income − $20,792 expenses = $17,202 out of pocket
Investment Breakdown
|
Purchase Price
$3324k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$698k
Downpayment
20%
$665k
Closing costs
1%
$33,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,590
Total Expenses
$20,792
Mortgage P&I
470%
$16,878
Property Taxes
49%
$1,755
Home Insurance
34%
$1,225
HOA
0%
$0
Property Management
10%
$359
CapEx
5%
$180
Vacancy
6%
$215
Maintenance
5%
$180
Other
0%
$0