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6510 115th Place SE, Bellevue, WA 98006

4 beds • 4 baths • 2710 sqft

$1,080,000

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This property looks like a bad Long-Term investment with a projected -19.2% first-year return on $227k initial cash invested.

-19.2%

Cash On Cash

2.05%

Cap Rate

0.35

DSCR

$4,650

Rent

-$3,628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1080k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$227k

Downpayment

20%

$216k

Closing costs

1%

$10,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,650

Total Expenses

$8,278

Mortgage P&I

113%

$5,242

Property Taxes

16%

$730

Home Insurance

8%

$378

HOA

15%

$720

Property Management

10%

$465

CapEx

5%

$232

Vacancy

6%

$279

Maintenance

5%

$232

Other

0%

$0

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Comparable Property

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Beds

Baths

SQFT

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4

3

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0.9 mi

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1.3 mi

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2

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0.9 mi

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$2,850

5

4

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0.6 mi

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2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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