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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 -18.71% first-year return on $149k initial cash invested.

-18.71%

Cash On Cash

1.83%

Cap Rate

0.31

DSCR

$4,193

Rent

-$2,320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,193 income − $6,513 expenses = $2,320 out of pocket

Income$4,193Out of Pocket$2,320Mortgage P&I$3,10174%Property Taxes$1884%Insurance$92822%HOA$2837%Management$62915%CapEx$1684%Maintenance$1684%Other$1,04825%

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

$4,193

Total Expenses

$6,513

Mortgage P&I

74%

$3,101

Property Taxes

4%

$188

Home Insurance

22%

$928

HOA

7%

$283

Property Management

15%

$629

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,048

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