REI Lense

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$3,626 (target)

5606 39th Avenue SE, Lacey, WA 98503

3 beds • 3 baths • 1602 sqft

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This property looks like a bad Mid-Term investment with a projected -7.94% first-year return on $132k initial cash invested.

-7.94%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$3,626

Rent

-$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,626 income − $4,501 expenses = $875 out of pocket

Income$3,626Out of Pocket$875Mortgage P&I$2,70875%Property Taxes$36810%Insurance$1925%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%

Investment Breakdown

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Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,443

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,626

Total Expenses

$4,501

Mortgage P&I

75%

$2,708

Property Taxes

10%

$368

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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