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$7,878 (target)

6731 244th Place NE, Redmond, WA 98053

3 beds • 3 baths • 2780 sqft

$1,428,200

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This property looks like a bad Mid-Term investment with a projected -14.18% first-year return on $318k initial cash invested.

-14.18%

Cash On Cash

3.25%

Cap Rate

0.53

DSCR

$7,878

Rent

-$3,757

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,878 income − $11,635 expenses = $3,757 out of pocket

Income$7,878Out of Pocket$3,757Mortgage P&I$7,30593%Property Taxes$1,13214%Insurance$5207%Management$94512%CapEx$3154%Vacancy$2363%Maintenance$3154%Other$86711%

Investment Breakdown

|

Purchase Price

$1428k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$318k

Downpayment

20%

$286k

Closing costs

1%

$14,282

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,878

Total Expenses

$11,635

Mortgage P&I

93%

$7,305

Property Taxes

14%

$1,132

Home Insurance

7%

$520

HOA

0%

$0

Property Management

12%

$945

CapEx

4%

$315

Vacancy

3%

$236

Maintenance

4%

$315

Other

11%

$867

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