REI Lense

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$3,018 (target)

6521 194th Avenue E, Bonney Lake, WA 98391

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -10.8% first-year return on $110k initial cash invested.

-10.8%

Cash On Cash

4.08%

Cap Rate

0.68

DSCR

$3,018

Rent

-$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,018 income − $4,010 expenses = $992 out of pocket

Income$3,018Out of Pocket$992Mortgage P&I$2,62587%Property Taxes$37412%Insurance$1846%HOA$421%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,018

Total Expenses

$4,010

Mortgage P&I

87%

$2,625

Property Taxes

12%

$374

Home Insurance

6%

$184

HOA

1%

$42

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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