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$4,102 (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 Long-Term investment with a projected -22.73% first-year return on $309k initial cash invested.

-22.73%

Cash On Cash

1.39%

Cap Rate

0.23

DSCR

$4,102

Rent

-$5,851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,102 income − $9,953 expenses = $5,851 out of pocket

Income$4,102Out of Pocket$5,851Mortgage P&I$7,353179%Property Taxes$99224%Insurance$54213%Management$41010%CapEx$2055%Vacancy$2466%Maintenance$2055%

Investment Breakdown

|

Purchase Price

$1471k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$309k

Downpayment

20%

$294k

Closing costs

1%

$14,707

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,102

Total Expenses

$9,953

Mortgage P&I

179%

$7,353

Property Taxes

24%

$992

Home Insurance

13%

$542

HOA

0%

$0

Property Management

10%

$410

CapEx

5%

$205

Vacancy

6%

$246

Maintenance

5%

$205

Other

0%

$0

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