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1534 E Section Street, Mount Vernon, WA 98274

3 beds • 1 baths • 1158 sqft

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This property looks like a bad Long-Term investment with a projected -11.65% first-year return on $98,910 initial cash invested.

-11.65%

Cash On Cash

3.76%

Cap Rate

0.64

DSCR

$2,540

Rent

-$960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$471k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,910

Downpayment

20%

$94,200

Closing costs

1%

$4,710

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,540

Total Expenses

$3,500

Mortgage P&I

91%

$2,307

Property Taxes

14%

$365

Home Insurance

7%

$168

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1215 E Skagit St, Unit B, Mount Vernon, WA 98274

$2,850

3

1

1200

0.2 mi

3400 N Woodland Dr, Mount Vernon, WA 98274

$2,400

3

1

1200

1.1 mi

119 N 29th Pl, Mount Vernon, WA 98273

$2,800

3

1

1098

1 mi

920 S 20th St, Mount Vernon, WA 98274

$2,295

3

1

1031

0.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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