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$5,132 (target)

114 Madrona Drive NW, Gig Harbor, WA 98335

3 beds • 2 baths • 2125 sqft

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This property looks like a bad Mid-Term investment with a projected -7.98% first-year return on $164k initial cash invested.

-7.98%

Cash On Cash

4.51%

Cap Rate

0.75

DSCR

$5,132

Rent

-$1,090

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,132 income − $6,222 expenses = $1,090 out of pocket

Income$5,132Out of Pocket$1,090Mortgage P&I$3,49868%Property Taxes$53410%Insurance$2455%HOA$2004%Management$61612%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56511%

Investment Breakdown

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Purchase Price

$695k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,947

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,132

Total Expenses

$6,222

Mortgage P&I

68%

$3,498

Property Taxes

10%

$534

Home Insurance

5%

$245

HOA

4%

$200

Property Management

12%

$616

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$565

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