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717 3rd Avenue N, Seattle, WA 98109

8 beds • 8 baths • 3760 sqft • 8 units

$1,749,000

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This property looks like a bad Long-Term investment with a projected -5.56% first-year return on $367k initial cash invested.

-5.56%

Cash On Cash

5.26%

Cap Rate

0.88

DSCR

$13,040

Rent

-$1,703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$13,040 income − $14,743 expenses = $1,703 out of pocket

Income$13,040Out of Pocket$1,703Mortgage P&I$8,71367%Property Taxes$2,02816%Insurance$6125%Management$1,30410%CapEx$6525%Vacancy$7826%Maintenance$6525%

Investment Breakdown

|

Purchase Price

$1749k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$367k

Downpayment

20%

$350k

Closing costs

1%

$17,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$13,040

Total Expenses

$14,743

Mortgage P&I

67%

$8,713

Property Taxes

16%

$2,028

Home Insurance

5%

$612

HOA

0%

$0

Property Management

10%

$1,304

CapEx

5%

$652

Vacancy

6%

$782

Maintenance

5%

$652

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

800 2nd Ave N, Seattle, WA 98109

$1,495

1

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$1,450

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0.1 mi

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1

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0.1 mi

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$2,500

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2

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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

Projection Charts

Investment Value YoY

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