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6208 S Verona Ct, Spokane, WA 99223

4 beds • 4 baths • 3221 sqft

$1,285,000

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This property looks like a bad Long-Term investment with a projected -23.87% first-year return on $270k initial cash invested.

-23.87%

Cash On Cash

1.07%

Cap Rate

0.18

DSCR

$3,140

Rent

-$5,367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1285k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$257k

Closing costs

1%

$12,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,140

Total Expenses

$8,507

Mortgage P&I

202%

$6,358

Property Taxes

28%

$883

Home Insurance

14%

$450

HOA

0%

$0

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

6415 S Woodland Ct, Spokane, WA 99224

$3,000

4

3.5

3300

1.1 mi

3404 E 58th Ct, Spokane, WA 99223

$2,499

4

3

3200

1.5 mi

7104 S Pheasant Ridge Dr, Spokane, WA 99224

$3,500

4

3

3200

1.8 mi

4720 S Pender Ln, Spokane, WA 99224

$2,845

4

3.5

2788

1.9 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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