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11306 143rd Drive NE, Lake Stevens, WA 98258

3 beds • 3 baths • 2527 sqft

$1,185,000

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This property looks like a bad Airbnb investment with a projected -19.91% first-year return on $267k initial cash invested.

-19.91%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$4,964

Rent

-$4,427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,964 income − $9,391 expenses = $4,427 out of pocket

Income$4,964Out of Pocket$4,427Mortgage P&I$5,914119%Property Taxes$64013%Insurance$4158%HOA$381%Management$74515%CapEx$1994%Maintenance$1994%Other$1,24125%

Investment Breakdown

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Purchase Price

$1185k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$267k

Downpayment

20%

$237k

Closing costs

1%

$11,850

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,964

Total Expenses

$9,391

Mortgage P&I

119%

$5,914

Property Taxes

13%

$640

Home Insurance

8%

$415

HOA

1%

$38

Property Management

15%

$745

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,241

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