REI Lense

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$3,005 (target)

1759 Grand Avenue, Mount Vernon, WA 98274

3 beds • 2 baths • 1685 sqft

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This property looks like a bad Long-Term investment with a projected -17.69% first-year return on $136k initial cash invested.

-17.69%

Cash On Cash

2.46%

Cap Rate

0.42

DSCR

$3,005

Rent

-$2,010

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,005 income − $5,015 expenses = $2,010 out of pocket

Income$3,005Out of Pocket$2,010Mortgage P&I$3,189106%Property Taxes$52618%Insurance$2458%HOA$2759%Management$30010%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

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Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,491

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,005

Total Expenses

$5,015

Mortgage P&I

106%

$3,189

Property Taxes

18%

$526

Home Insurance

8%

$245

HOA

9%

$275

Property Management

10%

$300

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

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