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3618 Martin Luther King Jr Ave SE, Washington, DC 20032
3 beds • 2 baths • 1330 sqft
$349,999
View on ZillowThis property looks like a bad Long-Term investment with a projected -0.38% first-year return on $73,500 initial cash invested.
-0.38%
Cash On Cash
6.72%
Cap Rate
1.07
DSCR
$2,862
Rent
-$23
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,862 income − $2,885 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,862
Total Expenses
$2,885
Mortgage P&I
64%
$1,839
Property Taxes
6%
$180
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$286
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0