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11421 S Elk Run Ln, Spokane, WA 99224

3 beds • 4 baths • 4568 sqft

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This property looks like a bad Airbnb investment with a projected -18.93% first-year return on $149k initial cash invested.

-18.93%

Cash On Cash

1.77%

Cap Rate

0.3

DSCR

$4,136

Rent

-$2,348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,136 income − $6,484 expenses = $2,348 out of pocket

Income$4,136Out of Pocket$2,348Mortgage P&I$3,10175%Property Taxes$1885%Insurance$92822%HOA$2837%Management$62015%CapEx$1654%Maintenance$1654%Other$1,03425%

Investment Breakdown

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Purchase Price

$623k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,230

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,136

Total Expenses

$6,484

Mortgage P&I

75%

$3,101

Property Taxes

5%

$188

Home Insurance

22%

$928

HOA

7%

$283

Property Management

15%

$620

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,034

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