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$2,325 (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 Long-Term investment with a projected -27.26% first-year return on $235k initial cash invested.

-27.26%

Cash On Cash

0.37%

Cap Rate

0.06

DSCR

$2,325

Rent

-$5,340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $7,665 expenses = $5,340 out of pocket

Income$2,325Out of Pocket$5,340Mortgage P&I$5,571240%Property Taxes$91339%Insurance$57725%Management$23210%CapEx$1165%Vacancy$1406%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$1119k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$235k

Downpayment

20%

$224k

Closing costs

1%

$11,193

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,325

Total Expenses

$7,665

Mortgage P&I

240%

$5,571

Property Taxes

39%

$913

Home Insurance

25%

$577

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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