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$4,130 (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 Long-Term investment with a projected -25.2% first-year return on $345k initial cash invested.

-25.2%

Cash On Cash

1.18%

Cap Rate

0.19

DSCR

$4,130

Rent

-$7,256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,130 income − $11,386 expenses = $7,256 out of pocket

Income$4,130Out of Pocket$7,256Mortgage P&I$8,673210%Property Taxes$1,04525%Insurance$59514%Management$41310%CapEx$2065%Vacancy$2486%Maintenance$2065%

Investment Breakdown

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Purchase Price

$1645k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$345k

Downpayment

20%

$329k

Closing costs

1%

$16,452

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,130

Total Expenses

$11,386

Mortgage P&I

210%

$8,673

Property Taxes

25%

$1,045

Home Insurance

14%

$595

HOA

0%

$0

Property Management

10%

$413

CapEx

5%

$206

Vacancy

6%

$248

Maintenance

5%

$206

Other

0%

$0

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