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1105 Morgan Way, Camano Island, WA 98282

3 beds • 4 baths • 3667 sqft

$1,595,000

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This property looks like a bad Airbnb investment with a projected -25.33% first-year return on $353k initial cash invested.

-25.33%

Cash On Cash

0.58%

Cap Rate

0.1

DSCR

$4,270

Rent

-$7,451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,270 income − $11,721 expenses = $7,451 out of pocket

Income$4,270Out of Pocket$7,451Mortgage P&I$8,055189%Property Taxes$92522%Insurance$55813%HOA$1333%Management$64015%CapEx$1714%Maintenance$1714%Other$1,06825%

Investment Breakdown

|

Purchase Price

$1595k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$353k

Downpayment

20%

$319k

Closing costs

1%

$15,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,270

Total Expenses

$11,721

Mortgage P&I

189%

$8,055

Property Taxes

22%

$925

Home Insurance

13%

$558

HOA

3%

$133

Property Management

15%

$640

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,068

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