REI Lense

REI Lense

Unlock all features! Tap here to upgrade

11318 Vipond Drive NW, Gig Harbor, WA 98329

3 beds • 3 baths • 3461 sqft

$1,425,300

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -21.72% first-year return on $317k initial cash invested.

-21.72%

Cash On Cash

1.29%

Cap Rate

0.22

DSCR

$5,420

Rent

-$5,744

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,420 income − $11,164 expenses = $5,744 out of pocket

Income$5,420Out of Pocket$5,744Mortgage P&I$7,062130%Property Taxes$98418%Insurance$51610%Management$81315%CapEx$2174%Maintenance$2174%Other$1,35525%

Investment Breakdown

|

Purchase Price

$1425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$317k

Downpayment

20%

$285k

Closing costs

1%

$14,253

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,420

Total Expenses

$11,164

Mortgage P&I

130%

$7,062

Property Taxes

18%

$984

Home Insurance

10%

$516

HOA

0%

$0

Property Management

15%

$813

CapEx

4%

$217

Vacancy

0%

$0

Maintenance

4%

$217

Other

25%

$1,355

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis