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717 3rd Ave N APT 02, Seattle, WA 98109

1 beds • 1 baths • 410 sqft • 2 units

$1,765,000

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This property could be a profitable Mid-Term investment with a projected 14.52% first-year return on $377k initial cash invested.

14.52%

Cash On Cash

7.98%

Cap Rate

1.79

DSCR

$16,000

Rent

$4,556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$16,000 income − $11,444 expenses = $4,556 cash flow

Income$16,000Mortgage P&I$6,53941%Property Taxes$1851%Insurance$1,2008%CapEx$6404%Vacancy$4803%Maintenance$6404%Other$1,76011%Cash Flow$4,556

Investment Breakdown

|

Purchase Price

$1765k

Downpayment

20.0%

Interest Rate

3.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$377k

Downpayment

20%

$353k

Closing costs

1%

$17,650

Rehab

0%

$0

Furnishing

0%

$6,000

Cashflow

Total Income

$16,000

Total Expenses

$11,444

Mortgage P&I

41%

$6,539

Property Taxes

1%

$185

Home Insurance

8%

$1,200

HOA

0%

$0

Property Management

0%

$0

CapEx

4%

$640

Vacancy

3%

$480

Maintenance

4%

$640

Other

11%

$1,760

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