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1221 S Lakeland Drive, Moses Lake, WA 98837

3 beds • 3 baths • 1468 sqft

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This property could be a profitable Airbnb investment with a projected 10.85% first-year return on $82,050 initial cash invested.

10.85%

Cash On Cash

9.56%

Cap Rate

1.63

DSCR

$4,950

Rent

$742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,950 income − $4,208 expenses = $742 cash flow

Income$4,950Mortgage P&I$1,49030%Property Taxes$2355%Insurance$1072%Management$74215%CapEx$1984%Maintenance$1984%Other$1,23825%Cash Flow$742

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,950

Total Expenses

$4,208

Mortgage P&I

30%

$1,490

Property Taxes

5%

$235

Home Insurance

2%

$107

HOA

0%

$0

Property Management

15%

$742

CapEx

4%

$198

Vacancy

0%

$0

Maintenance

4%

$198

Other

25%

$1,238

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