REI Lense

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$2,646 (target)

6624 123rd Ave NE, Lake stevens, WA 98258

beds • baths • sqft

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This property could be a profitable Long-Term investment with a projected 98.77% first-year return on $17,556 initial cash invested.

98.77%

Cash On Cash

28.81%

Cap Rate

4.67

DSCR

$2,646

Rent

$1,445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,646 income − $1,201 expenses = $1,445 cash flow

Income$2,646Mortgage P&I$43016%Property Taxes$542%Insurance$291%Management$26510%CapEx$1325%Vacancy$1596%Maintenance$1325%Cash Flow$1,445

Investment Breakdown

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Purchase Price

$83,600

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$17,556

Downpayment

20%

$16,720

Closing costs

1%

$836

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,646

Total Expenses

$1,201

Mortgage P&I

16%

$430

Property Taxes

2%

$54

Home Insurance

1%

$29

HOA

0%

$0

Property Management

10%

$265

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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