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$5,138 (target)

3143 Edgewood Lane, Bellingham, WA 98226

3 beds • 3 baths • 3092 sqft

$1,586,700

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This property looks like a bad Mid-Term investment with a projected -22.35% first-year return on $351k initial cash invested.

-22.35%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$5,138

Rent

-$6,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,138 income − $11,680 expenses = $6,542 out of pocket

Income$5,138Out of Pocket$6,542Mortgage P&I$7,945155%Property Taxes$1,35926%Insurance$57811%HOA$501%Management$61712%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56511%

Investment Breakdown

|

Purchase Price

$1587k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$351k

Downpayment

20%

$317k

Closing costs

1%

$15,867

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,138

Total Expenses

$11,680

Mortgage P&I

155%

$7,945

Property Taxes

26%

$1,359

Home Insurance

11%

$578

HOA

1%

$50

Property Management

12%

$617

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$565

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