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$7,437 (target)

5518 35th Street NW, Gig Harbor, WA 98335

3 beds • 3 baths • 2513 sqft

$1,347,300

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This property looks like a bad Mid-Term investment with a projected -12.07% first-year return on $301k initial cash invested.

-12.07%

Cash On Cash

3.5%

Cap Rate

0.59

DSCR

$7,437

Rent

-$3,028

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,437 income − $10,465 expenses = $3,028 out of pocket

Income$7,437Out of Pocket$3,028Mortgage P&I$6,65890%Property Taxes$79011%Insurance$4907%Management$89212%CapEx$2974%Vacancy$2233%Maintenance$2974%Other$81811%

Investment Breakdown

|

Purchase Price

$1347k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$301k

Downpayment

20%

$269k

Closing costs

1%

$13,473

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,437

Total Expenses

$10,465

Mortgage P&I

90%

$6,658

Property Taxes

11%

$790

Home Insurance

7%

$490

HOA

0%

$0

Property Management

12%

$892

CapEx

4%

$297

Vacancy

3%

$223

Maintenance

4%

$297

Other

11%

$818

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