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$4,515 (target)

8409 24th Avenue NW, Gig Harbor, WA 98332

3 beds • 3 baths • 2428 sqft

$2,139,800

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This property looks like a bad Mid-Term investment with a projected -23.57% first-year return on $467k initial cash invested.

-23.57%

Cash On Cash

0.98%

Cap Rate

0.16

DSCR

$4,515

Rent

-$9,178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,515 income − $13,693 expenses = $9,178 out of pocket

Income$4,515Out of Pocket$9,178Mortgage P&I$10,748238%Property Taxes$63014%Insurance$77917%Management$54212%CapEx$1814%Vacancy$1353%Maintenance$1814%Other$49711%

Investment Breakdown

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Purchase Price

$2140k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$467k

Downpayment

20%

$428k

Closing costs

1%

$21,398

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,515

Total Expenses

$13,693

Mortgage P&I

238%

$10,748

Property Taxes

14%

$630

Home Insurance

17%

$779

HOA

0%

$0

Property Management

12%

$542

CapEx

4%

$181

Vacancy

3%

$135

Maintenance

4%

$181

Other

11%

$497

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