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$3,488 (target)

3007 Meridian Court, Anacortes, WA 98221

3 beds • 3 baths • 4060 sqft

$1,119,300

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This property looks like a bad Mid-Term investment with a projected -22.58% first-year return on $253k initial cash invested.

-22.58%

Cash On Cash

1.02%

Cap Rate

0.17

DSCR

$3,488

Rent

-$4,761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,488 income − $8,249 expenses = $4,761 out of pocket

Income$3,488Out of Pocket$4,761Mortgage P&I$5,571160%Property Taxes$91326%Insurance$57717%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%

Investment Breakdown

|

Purchase Price

$1119k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$253k

Downpayment

20%

$224k

Closing costs

1%

$11,193

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,488

Total Expenses

$8,249

Mortgage P&I

160%

$5,571

Property Taxes

26%

$913

Home Insurance

17%

$577

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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