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1235 Neil Street NE, Olympia, WA 98516

3 beds • 1 baths • 1066 sqft

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This property looks like a bad Airbnb investment with a projected -10.25% first-year return on $110k initial cash invested.

-10.25%

Cash On Cash

3.65%

Cap Rate

0.62

DSCR

$3,184

Rent

-$940

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,680

Closing costs

1%

$4,384

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,184

Total Expenses

$4,124

Mortgage P&I

67%

$2,147

Property Taxes

9%

$295

Home Insurance

5%

$154

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

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ADR

Beds

Baths

Distance

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3

2

0.56 mi

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1.12 mi

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4

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5

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2

1

0.9 mi

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5

4

0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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0.6 mi

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