REI Lense

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$3,155 (target)

7363 Alma Court, Ferndale, WA 98248

3 beds • 3 baths • 2348 sqft

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This property looks like a bad Long-Term investment with a projected -17.88% first-year return on $170k initial cash invested.

-17.88%

Cash On Cash

2.46%

Cap Rate

0.41

DSCR

$3,155

Rent

-$2,529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,155 income − $5,684 expenses = $2,529 out of pocket

Income$3,155Out of Pocket$2,529Mortgage P&I$4,029128%Property Taxes$51216%Insurance$2899%HOA$331%Management$31610%CapEx$1585%Vacancy$1896%Maintenance$1585%

Investment Breakdown

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Purchase Price

$808k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$162k

Closing costs

1%

$8,081

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,155

Total Expenses

$5,684

Mortgage P&I

128%

$4,029

Property Taxes

16%

$512

Home Insurance

9%

$289

HOA

1%

$33

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$189

Maintenance

5%

$158

Other

0%

$0

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