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1312 15th Avenue S, Seattle, WA 98144

6 beds • 4 baths • 2301 sqft • 4 units

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This property could be a profitable Mid-Term investment with a projected 16% first-year return on $220k initial cash invested.

16%

Cash On Cash

10.67%

Cap Rate

1.79

DSCR

$12,600

Rent

$2,928

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$12,600 income − $9,672 expenses = $2,928 cash flow

Income$12,600Mortgage P&I$4,34234%Property Taxes$7316%Insurance$3153%Management$1,51212%CapEx$5044%Vacancy$3783%Maintenance$5044%Other$1,38611%Cash Flow$2,928

Investment Breakdown

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Purchase Price

$874k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$220k

Downpayment

20%

$175k

Closing costs

1%

$8,744

Rehab

0%

$0

Furnishing

4%

$36,000

Cashflow

Total Income

$12,600

Total Expenses

$9,672

Mortgage P&I

34%

$4,342

Property Taxes

6%

$731

Home Insurance

3%

$315

HOA

0%

$0

Property Management

12%

$1,512

CapEx

4%

$504

Vacancy

3%

$378

Maintenance

4%

$504

Other

11%

$1,386

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