REI Lense

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$3,717 (target)

619 Hidden Forest Drive SE, Olympia, WA 98513

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Mid-Term investment with a projected -3.26% first-year return on $112k initial cash invested.

-3.26%

Cash On Cash

5.57%

Cap Rate

0.93

DSCR

$3,717

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,717 income − $4,021 expenses = $304 out of pocket

Income$3,717Out of Pocket$304Mortgage P&I$2,23060%Property Taxes$36810%Insurance$1584%Management$44612%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%

Investment Breakdown

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Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,460

Closing costs

1%

$4,473

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,717

Total Expenses

$4,021

Mortgage P&I

60%

$2,230

Property Taxes

10%

$368

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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