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$3,847 (target)

17902 Cove Lane, Mount Vernon, WA 98274

3 beds • 2 baths • 1956 sqft

$1,246,500

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This property looks like a bad Long-Term investment with a projected -22.41% first-year return on $262k initial cash invested.

-22.41%

Cash On Cash

1.52%

Cap Rate

0.25

DSCR

$3,847

Rent

-$4,888

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,847 income − $8,735 expenses = $4,888 out of pocket

Income$3,847Out of Pocket$4,888Mortgage P&I$6,280163%Property Taxes$1,00026%Insurance$45512%Management$38510%CapEx$1925%Vacancy$2316%Maintenance$1925%

Investment Breakdown

|

Purchase Price

$1247k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$262k

Downpayment

20%

$249k

Closing costs

1%

$12,465

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,847

Total Expenses

$8,735

Mortgage P&I

163%

$6,280

Property Taxes

26%

$1,000

Home Insurance

12%

$455

HOA

0%

$0

Property Management

10%

$385

CapEx

5%

$192

Vacancy

6%

$231

Maintenance

5%

$192

Other

0%

$0

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