REI Lense

REI Lense

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$3,776 (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 Long-Term investment with a projected -16.67% first-year return on $199k initial cash invested.

-16.67%

Cash On Cash

2.65%

Cap Rate

0.45

DSCR

$3,776

Rent

-$2,760

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,776 income − $6,536 expenses = $2,760 out of pocket

Income$3,776Out of Pocket$2,760Mortgage P&I$4,661123%Property Taxes$66418%Insurance$2106%HOA$18Management$37810%CapEx$1895%Vacancy$2276%Maintenance$1895%

Investment Breakdown

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Purchase Price

$946k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$189k

Closing costs

1%

$9,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,776

Total Expenses

$6,536

Mortgage P&I

123%

$4,661

Property Taxes

18%

$664

Home Insurance

6%

$210

HOA

0%

$18

Property Management

10%

$378

CapEx

5%

$189

Vacancy

6%

$227

Maintenance

5%

$189

Other

0%

$0

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