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$2,531 (target)

9808 224th Street SW, Edmonds, WA 98020

3 beds • 3 baths • 2640 sqft

$1,519,700

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This property looks like a bad Long-Term investment with a projected -25.94% first-year return on $319k initial cash invested.

-25.94%

Cash On Cash

0.7%

Cap Rate

0.12

DSCR

$2,531

Rent

-$6,899

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,531 income − $9,430 expenses = $6,899 out of pocket

Income$2,531Out of Pocket$6,899Mortgage P&I$7,660303%Property Taxes$55122%Insurance$56022%Management$25310%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

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Purchase Price

$1520k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$319k

Downpayment

20%

$304k

Closing costs

1%

$15,197

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,531

Total Expenses

$9,430

Mortgage P&I

303%

$7,660

Property Taxes

22%

$551

Home Insurance

22%

$560

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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