REI LenseREI Lense
‌
  • Airbnb
  • Long-Term
  • Mid-Term
  • New

Project Rental Revenue For Any Address

View on Zillow
Long-Term Rental Analysis
6823 S Clement Avenue, Tacoma, WA 98409
$325,000 • 2 beds • 1 baths • 734 sqft

This property looks like a bad Long-Term investment with a projected -8.12% first-year return on $68,250 initial cash invested.

Cash On Cash
-8.12%
Cap Rate
4.72%
Rent
$1,800
Cashflow
-$462
Rent Confidence:  High
Annual
$21,600
Median
$1,700
Avg
$1,837
Samples
25
Financing
Purchase Price  $325k
Downpayment  20.0%
Interest Rate  6.5%
Mortgage Duration  30yr.
Cash To Invest
Total  $68,250
Downpayment  20% $65,000
Closing costs  1% $3,250
Rehab  0% $0
Furnishing  0% $0
Cashflow
Total Income  $1,800
Total Expenses  $2,262
Mortgage P&I  92% $1,650
Property Taxes  2% $30
Home Insurance  6% $114
PManagement  10% $180
CapEx  5% $90
Vacancy  6% $108
Maintenance  5% $90
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
17424 S Warner St, Tacoma, WA 98409$1895216830.5 mi
23107 S 56th St, Tacoma, WA 98409$1700216400.8 mi
38021 S K St, Tacoma, WA 98408$1895218031.5 mi
46611 S Mullen St, Tacoma, WA 98409$1895218281.2 mi
56415 S Huson St, Tacoma, WA 98409$1650216501.3 mi
65012 S 58th St, Apt C, Tacoma, WA 98409$1495218251.5 mi
77118 S Tyler St, Tacoma, WA 98409$1800218720.9 mi
85038 S 58th St, Apt C, Tacoma, WA 98409$1535218321.5 mi
95034 S 58th St, Apt B, Tacoma, WA 98409$1550218501.5 mi
105228 S State St, Unit B, Tacoma, WA 98409$1399215601.1 mi
11767 S 72nd St, Tacoma, WA 98408$1700219501.5 mi
129301 34th Ave S, Lakewood, WA 98499$1850211.5 mi
136424 S Prospect St, Tacoma, WA 98409$22972114580.3 mi
146808 S Puget Sound Ave, Tacoma, WA 98409$23002114840.4 mi
156428 S Oakes St, Tacoma, WA 98409$2400319480.3 mi
166631 S Warner St, Tacoma, WA 98409$1550115500.3 mi
174224 S 65th St, Tacoma, WA 98409$137514330.9 mi
187611 S Montgomery St, Tacoma, WA 98409$30003110080.5 mi
193276 92nd St S, Apt 4, Lakewood, WA 98499$1350217461.5 mi
206601 S Mullen St, Tacoma, WA 98409$20953110081.2 mi
213712 88th St SW, Lakewood, WA 98499$21503110001.3 mi
227427 S Lawrence St, Tacoma, WA 98409$24003111000.4 mi
234019 S 69th St, Apt B, Tacoma, WA 98409$1500216500.7 mi
247374 S Wilkeson St, Apt B, Tacoma, WA 98408$1625218250.9 mi
257336 S Wilkeson St, Apt 2, Tacoma, WA 98408$1525218320.8 mi

Projections