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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 might be a fair Mid-Term investment with a projected 9.08% first-year return on $91,500 initial cash invested.
9.08%
Cash On Cash
9.27%
Cap Rate
1.47
DSCR
$4,293
Rent
$692
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,293 income − $3,601 expenses = $692 cash flow
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$4,293
Total Expenses
$3,601
Mortgage P&I
43%
$1,839
Property Taxes
4%
$180
Home Insurance
3%
$122
HOA
0%
$0
Property Management
12%
$515
CapEx
4%
$172
Vacancy
3%
$129
Maintenance
4%
$172
Other
11%
$472