REI Lense

REI Lense

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$2,517 (target)

51 E North Bay Place, Allyn, WA 98524

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -12.96% first-year return on $104k initial cash invested.

-12.96%

Cash On Cash

3.82%

Cap Rate

0.61

DSCR

$2,517

Rent

-$1,119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,517 income − $3,636 expenses = $1,119 out of pocket

Income$2,517Out of Pocket$1,119Mortgage P&I$2,563102%Property Taxes$2189%Insurance$1757%HOA$251%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$493k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$98,680

Closing costs

1%

$4,934

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,517

Total Expenses

$3,636

Mortgage P&I

102%

$2,563

Property Taxes

9%

$218

Home Insurance

7%

$175

HOA

1%

$25

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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