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$5,134 (target)

1407 Lucille Parkway NW, Gig Harbor, WA 98335

3 beds • 3 baths • 3480 sqft

$1,150,000

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This property looks like a bad Mid-Term investment with a projected -18.63% first-year return on $260k initial cash invested.

-18.63%

Cash On Cash

2.13%

Cap Rate

0.35

DSCR

$5,134

Rent

-$4,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,134 income − $9,162 expenses = $4,028 out of pocket

Income$5,134Out of Pocket$4,028Mortgage P&I$5,860114%Property Taxes$1,15122%Insurance$4028%HOA$4Management$61612%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56511%

Investment Breakdown

|

Purchase Price

$1150k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$260k

Downpayment

20%

$230k

Closing costs

1%

$11,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,134

Total Expenses

$9,162

Mortgage P&I

114%

$5,860

Property Taxes

22%

$1,151

Home Insurance

8%

$402

HOA

0%

$4

Property Management

12%

$616

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$565

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