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$6,158 (target)

809 Spruce Place, Edmonds, WA 98020

3 beds • 3 baths • 3044 sqft

$1,549,950

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -18.7% first-year return on $343k initial cash invested.

-18.7%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$6,158

Rent

-$5,354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,158 income − $11,512 expenses = $5,354 out of pocket

Income$6,158Out of Pocket$5,354Mortgage P&I$7,714125%Property Taxes$1,16319%Insurance$5429%Management$73912%CapEx$2464%Vacancy$1853%Maintenance$2464%Other$67711%

Investment Breakdown

|

Purchase Price

$1550k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$343k

Downpayment

20%

$310k

Closing costs

1%

$15,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,158

Total Expenses

$11,512

Mortgage P&I

125%

$7,714

Property Taxes

19%

$1,163

Home Insurance

9%

$542

HOA

0%

$0

Property Management

12%

$739

CapEx

4%

$246

Vacancy

3%

$185

Maintenance

4%

$246

Other

11%

$677

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