Great foldable dish rack from OXO. Everything is already assembled right out of the box. You can leave it on the counter or when done, fold up the sides and put it under the counter. Water drainage is perfect, just open the tab towards your sink. It helps that OXO thought of two risers that fold down on the opposite side of the drain to let gravity help the water drain. The dish caddy is foldable too, so if you have pots or pans, it'll fit in the flatter area, nice.