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$3,351 (target)

1416 W 23rd Ave, Anchorage, AK 99503

3 beds • 2 baths • 2104 sqft

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This property looks like a bad Mid-Term investment with a projected -7.48% first-year return on $107k initial cash invested.

-7.48%

Cash On Cash

4.8%

Cap Rate

0.76

DSCR

$3,351

Rent

-$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,351 income − $4,019 expenses = $668 out of pocket

Income$3,351Out of Pocket$668Mortgage P&I$2,23167%Property Taxes$49915%Insurance$1494%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,920

Closing costs

1%

$4,246

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,351

Total Expenses

$4,019

Mortgage P&I

67%

$2,231

Property Taxes

15%

$499

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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