REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,119 (target)

8440 Homestead Avenue NE, Olympia, WA 98516

3 beds • 3 baths • 2212 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $131k initial cash invested.

-13.71%

Cash On Cash

3.38%

Cap Rate

0.57

DSCR

$3,119

Rent

-$1,500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,119 income − $4,619 expenses = $1,500 out of pocket

Income$3,119Out of Pocket$1,500Mortgage P&I$3,104100%Property Taxes$47815%Insurance$2227%HOA$4Management$31210%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

|

Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,252

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,119

Total Expenses

$4,619

Mortgage P&I

100%

$3,104

Property Taxes

15%

$478

Home Insurance

7%

$222

HOA

0%

$4

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis