REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4501 McKinley Street NE, Lacey, WA 98516

3 beds • 3 baths • 1762 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.65% first-year return on $119k initial cash invested.

-11.65%

Cash On Cash

3.45%

Cap Rate

0.58

DSCR

$3,684

Rent

-$1,151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,684 income − $4,835 expenses = $1,151 out of pocket

Income$3,684Out of Pocket$1,151Mortgage P&I$2,38365%Property Taxes$39511%Insurance$1685%HOA$1213%Management$55315%CapEx$1474%Maintenance$1474%Other$92125%

Investment Breakdown

|

Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,800

Closing costs

1%

$4,790

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,684

Total Expenses

$4,835

Mortgage P&I

65%

$2,383

Property Taxes

11%

$395

Home Insurance

5%

$168

HOA

3%

$121

Property Management

15%

$553

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$921

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis