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Tacoma Creative Deal — Low Rate Cash Flow

3570 E K St, Tacoma, WA, 98404
Deal Overview

Asking Price

$345,000

Rehab Cost

Unknown

Investment Analysis

Monthly Rent

$2,500/mo

Annual Income

$30,000

NOI

$30,000/yr

Cap Rate

8.70%

Property Details

Bedrooms

3

Bathrooms

1

Sq Ft

750

Year Built

1949

Property Type

Single Family

Condition

Needs Work

Lot Size

4,996 Square Feet

Description

An off-market creative finance opportunity in Tacoma, WA, offering significant cash flow potential with an attractive interest rate well below current market averages. This deal is structured for long-term portfolio builders focusing on financing advantages rather than an immediate equity play. The property is a 3-bedroom, 1-bathroom home with approximately 750 square feet. It is currently tenant-occupied, generating $2,500 per month in rent, though eviction proceedings are underway with a 30-day notice already served. Investors can capitalize on the low 4.5% interest rate, providing a strong cash-on-cash return with monthly rent exceeding the PITI. This presents a low entry cost opportunity through reinstatement rather than a large down payment, making it ideal for buy-and-hold strategies or those looking to stabilize and then refinance or hold for long-term growth. Buyer to independently verify square footage, lot size, and zoning.

Property Info

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Tacoma Creative Deal — Low Rate Cash Flow | Go Deal Pro