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$5,698 (target)

5962 April Lane, Ferndale, WA 98248

3 beds • 3 baths • 2731 sqft

$1,115,500

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This property looks like a bad Mid-Term investment with a projected -14.54% first-year return on $252k initial cash invested.

-14.54%

Cash On Cash

3.18%

Cap Rate

0.51

DSCR

$5,698

Rent

-$3,056

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,698 income − $8,754 expenses = $3,056 out of pocket

Income$5,698Out of Pocket$3,056Mortgage P&I$5,787102%Property Taxes$57210%Insurance$4027%HOA$551%Management$68412%CapEx$2284%Vacancy$1713%Maintenance$2284%Other$62711%

Investment Breakdown

|

Purchase Price

$1116k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$223k

Closing costs

1%

$11,155

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,698

Total Expenses

$8,754

Mortgage P&I

102%

$5,787

Property Taxes

10%

$572

Home Insurance

7%

$402

HOA

1%

$55

Property Management

12%

$684

CapEx

4%

$228

Vacancy

3%

$171

Maintenance

4%

$228

Other

11%

$627

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