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$5,770 (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 Mid-Term investment with a projected -16.84% first-year return on $280k initial cash invested.

-16.84%

Cash On Cash

2.49%

Cap Rate

0.41

DSCR

$5,770

Rent

-$3,927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,770 income − $9,697 expenses = $3,927 out of pocket

Income$5,770Out of Pocket$3,927Mortgage P&I$6,280109%Property Taxes$1,00017%Insurance$4558%Management$69212%CapEx$2314%Vacancy$1733%Maintenance$2314%Other$63511%

Investment Breakdown

|

Purchase Price

$1247k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$280k

Downpayment

20%

$249k

Closing costs

1%

$12,465

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,770

Total Expenses

$9,697

Mortgage P&I

109%

$6,280

Property Taxes

17%

$1,000

Home Insurance

8%

$455

HOA

0%

$0

Property Management

12%

$692

CapEx

4%

$231

Vacancy

3%

$173

Maintenance

4%

$231

Other

11%

$635

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