REI Lense

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$4,054 (target)

9544 Corvette Court, Lacey, WA 98516

3 beds • 2 baths • 1726 sqft

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This property looks like a bad Mid-Term investment with a projected -5.98% first-year return on $125k initial cash invested.

-5.98%

Cash On Cash

5.17%

Cap Rate

0.83

DSCR

$4,054

Rent

-$625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,054 income − $4,679 expenses = $625 out of pocket

Income$4,054Out of Pocket$625Mortgage P&I$2,66666%Property Taxes$43911%Insurance$1804%HOA$16Management$48612%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%

Investment Breakdown

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Purchase Price

$512k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,116

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,054

Total Expenses

$4,679

Mortgage P&I

66%

$2,666

Property Taxes

11%

$439

Home Insurance

4%

$180

HOA

0%

$16

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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