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11626 111th Avenue NE, Kirkland, WA 98034

3 beds • 2 baths • 1490 sqft

$1,064,300

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This property looks like a bad Airbnb investment with a projected -21.47% first-year return on $242k initial cash invested.

-21.47%

Cash On Cash

1.06%

Cap Rate

0.18

DSCR

$3,829

Rent

-$4,321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1064k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$213k

Closing costs

1%

$10,643

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,829

Total Expenses

$8,150

Mortgage P&I

133%

$5,108

Property Taxes

21%

$821

Home Insurance

10%

$384

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$957

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Newly Updated 1F Kirkland House w/ AC| Min to I405

$5,258

$258

3

2

0.14 mi

Quiet safe house minutes from bustling cities

$3,913

$192

3

1.5

0.19 mi

House /garage/yard close to park

$4,483

$220

3

2.5

0.49 mi

Private, Cozy, and Strategic entire 2 beds TH

$3,179

$156

2

1.5

0.42 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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