REI Lense

REI Lense

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$3,266 (target)

4406 74th Ave Ct NW, Gig Harbor, WA 98335

3 beds • 2 baths • 1996 sqft

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This property looks like a bad Long-Term investment with a projected -17.95% first-year return on $174k initial cash invested.

-17.95%

Cash On Cash

2.46%

Cap Rate

0.41

DSCR

$3,266

Rent

-$2,602

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,266 income − $5,868 expenses = $2,602 out of pocket

Income$3,266Out of Pocket$2,602Mortgage P&I$4,134127%Property Taxes$58718%Insurance$2989%Management$32710%CapEx$1635%Vacancy$1966%Maintenance$1635%

Investment Breakdown

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Purchase Price

$828k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$166k

Closing costs

1%

$8,283

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,266

Total Expenses

$5,868

Mortgage P&I

127%

$4,134

Property Taxes

18%

$587

Home Insurance

9%

$298

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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