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11918 E Nelson Rd, Spokane, WA 99009

3 beds • 2 baths • 2278 sqft

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This property looks like a bad Airbnb investment with a projected -18.68% first-year return on $185k initial cash invested.

-18.68%

Cash On Cash

1.56%

Cap Rate

0.27

DSCR

$3,112

Rent

-$2,887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$798k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$160k

Closing costs

1%

$7,975

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,112

Total Expenses

$5,999

Mortgage P&I

122%

$3,800

Property Taxes

13%

$419

Home Insurance

9%

$287

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

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