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$5,664 (target)

6417 113th Avenue NE, Lake Stevens, WA 98258

3 beds • 2 baths • 2516 sqft

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This property looks like a bad Mid-Term investment with a projected -10.06% first-year return on $217k initial cash invested.

-10.06%

Cash On Cash

3.9%

Cap Rate

0.66

DSCR

$5,664

Rent

-$1,816

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,664 income − $7,480 expenses = $1,816 out of pocket

Income$5,664Out of Pocket$1,816Mortgage P&I$4,66182%Property Taxes$66412%Insurance$2104%HOA$18Management$68012%CapEx$2274%Vacancy$1703%Maintenance$2274%Other$62311%

Investment Breakdown

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Purchase Price

$946k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$189k

Closing costs

1%

$9,463

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,664

Total Expenses

$7,480

Mortgage P&I

82%

$4,661

Property Taxes

12%

$664

Home Insurance

4%

$210

HOA

0%

$18

Property Management

12%

$680

CapEx

4%

$227

Vacancy

3%

$170

Maintenance

4%

$227

Other

11%

$623

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