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$6,153 (target)

6922 232nd Avenue NE, Redmond, WA 98053

3 beds • 3 baths • 2796 sqft

$1,470,700

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This property looks like a bad Mid-Term investment with a projected -17.72% first-year return on $327k initial cash invested.

-17.72%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$6,153

Rent

-$4,826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,153 income − $10,979 expenses = $4,826 out of pocket

Income$6,153Out of Pocket$4,826Mortgage P&I$7,353120%Property Taxes$99216%Insurance$5429%Management$73812%CapEx$2464%Vacancy$1853%Maintenance$2464%Other$67711%

Investment Breakdown

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Purchase Price

$1471k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$327k

Downpayment

20%

$294k

Closing costs

1%

$14,707

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,153

Total Expenses

$10,979

Mortgage P&I

120%

$7,353

Property Taxes

16%

$992

Home Insurance

9%

$542

HOA

0%

$0

Property Management

12%

$738

CapEx

4%

$246

Vacancy

3%

$185

Maintenance

4%

$246

Other

11%

$677

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