REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

8102 Oakridge Drive SW, Lakewood, WA 98498

3 beds • 2 baths • 1092 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.33% first-year return on $108k initial cash invested.

-13.33%

Cash On Cash

3.37%

Cap Rate

0.57

DSCR

$2,500

Rent

-$1,201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,500

Total Expenses

$3,701

Mortgage P&I

101%

$2,523

Property Taxes

14%

$348

Home Insurance

7%

$180

HOA

0%

$0

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

8302 Woosbourne Dr SW, Lakewood, WA 98499

$2,500

3

1.5

1162

0.8 mi

3009 Heath Ct, Steilacoom, WA 98388

$2,800

3

2

1248

1.4 mi

8903 Hipkins Rd SW, Lakewood, WA 98498

$2,400

3

2

1404

0.1 mi

9510 Farwest Dr SW, Tacoma, WA 98498

$2,670

3

2

1300

1.5 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis