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$2,880 (target)

7004 Alderwood Court SE, Lacey, WA 98503

3 beds • 3 baths • 2281 sqft

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This property looks like a bad Long-Term investment with a projected -12.8% first-year return on $116k initial cash invested.

-12.8%

Cash On Cash

3.5%

Cap Rate

0.6

DSCR

$2,880

Rent

-$1,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,880 income − $4,116 expenses = $1,236 out of pocket

Income$2,880Out of Pocket$1,236Mortgage P&I$2,70494%Property Taxes$46216%Insurance$1957%HOA$6Management$28810%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

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Purchase Price

$552k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,520

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,880

Total Expenses

$4,116

Mortgage P&I

94%

$2,704

Property Taxes

16%

$462

Home Insurance

7%

$195

HOA

0%

$6

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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