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$6,195 (target)

2529 14th Ave NW, Gig Harbor, WA 98335

3 beds • 3 baths • 2947 sqft

$1,645,200

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This property looks like a bad Mid-Term investment with a projected -20.55% first-year return on $363k initial cash invested.

-20.55%

Cash On Cash

1.97%

Cap Rate

0.31

DSCR

$6,195

Rent

-$6,224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,195 income − $12,419 expenses = $6,224 out of pocket

Income$6,195Out of Pocket$6,224Mortgage P&I$8,673140%Property Taxes$1,04517%Insurance$59510%Management$74312%CapEx$2484%Vacancy$1863%Maintenance$2484%Other$68111%

Investment Breakdown

|

Purchase Price

$1645k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$363k

Downpayment

20%

$329k

Closing costs

1%

$16,452

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,195

Total Expenses

$12,419

Mortgage P&I

140%

$8,673

Property Taxes

17%

$1,045

Home Insurance

10%

$595

HOA

0%

$0

Property Management

12%

$743

CapEx

4%

$248

Vacancy

3%

$186

Maintenance

4%

$248

Other

11%

$681

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