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$6,344 (target)

2811 159th Street Ct NW, Gig Harbor, WA 98332

3 beds • 3 baths • 2658 sqft

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This property looks like a bad Mid-Term investment with a projected -11.15% first-year return on $220k initial cash invested.

-11.15%

Cash On Cash

4.3%

Cap Rate

0.66

DSCR

$6,344

Rent

-$2,040

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,344 income − $8,384 expenses = $2,040 out of pocket

Income$6,344Out of Pocket$2,040Mortgage P&I$5,22882%Property Taxes$67711%Insurance$3225%Management$76112%CapEx$2544%Vacancy$1903%Maintenance$2544%Other$69811%

Investment Breakdown

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Purchase Price

$960k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$220k

Downpayment

20%

$192k

Closing costs

1%

$9,600

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,344

Total Expenses

$8,384

Mortgage P&I

82%

$5,228

Property Taxes

11%

$677

Home Insurance

5%

$322

HOA

0%

$0

Property Management

12%

$761

CapEx

4%

$254

Vacancy

3%

$190

Maintenance

4%

$254

Other

11%

$698

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