REI Lense

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$2,685 (target)

488 Goodman Mainline Road, Redmond, WA 98331

2 beds • 1 baths • 812 sqft

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This property could be a profitable Mid-Term investment with a projected 11.75% first-year return on $55,764 initial cash invested.

11.75%

Cash On Cash

9.94%

Cap Rate

1.61

DSCR

$2,685

Rent

$546

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,764

Downpayment

20%

$41,680

Closing costs

1%

$2,084

Rehab

0%

$0

Furnishing

6%

$12,000

Cashflow

Total Income

$2,685

Total Expenses

$2,139

Mortgage P&I

40%

$1,074

Property Taxes

3%

$92

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

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