REI Lense

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$2,360 (target)

7322 14th Avenue NE, Olympia, WA 98516

3 beds • 2 baths • 1502 sqft

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This property looks like a bad Long-Term investment with a projected -14.17% first-year return on $97,965 initial cash invested.

-14.17%

Cash On Cash

3.34%

Cap Rate

0.56

DSCR

$2,360

Rent

-$1,157

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,360 income − $3,517 expenses = $1,157 out of pocket

Income$2,360Out of Pocket$1,157Mortgage P&I$2,33999%Property Taxes$40017%Insurance$1647%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,965

Downpayment

20%

$93,300

Closing costs

1%

$4,665

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,360

Total Expenses

$3,517

Mortgage P&I

99%

$2,339

Property Taxes

17%

$400

Home Insurance

7%

$164

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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