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$3,010 (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 Long-Term investment with a projected -26.52% first-year return on $449k initial cash invested.

-26.52%

Cash On Cash

0.54%

Cap Rate

0.09

DSCR

$3,010

Rent

-$9,929

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,010 income − $12,939 expenses = $9,929 out of pocket

Income$3,010Out of Pocket$9,929Mortgage P&I$10,748357%Property Taxes$63021%Insurance$77926%Management$30110%CapEx$1505%Vacancy$1816%Maintenance$1505%

Investment Breakdown

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Purchase Price

$2140k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$449k

Downpayment

20%

$428k

Closing costs

1%

$21,398

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,010

Total Expenses

$12,939

Mortgage P&I

357%

$10,748

Property Taxes

21%

$630

Home Insurance

26%

$779

HOA

0%

$0

Property Management

10%

$301

CapEx

5%

$150

Vacancy

6%

$181

Maintenance

5%

$150

Other

0%

$0

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