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12710 NE 111th Place, Kirkland, WA 98033

3 beds • 3 baths • 1760 sqft

$1,180,900

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This property looks like a bad Airbnb investment with a projected -19.72% first-year return on $266k initial cash invested.

-19.72%

Cash On Cash

1.52%

Cap Rate

0.26

DSCR

$5,014

Rent

-$4,370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1181k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$266k

Downpayment

20%

$236k

Closing costs

1%

$11,809

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,014

Total Expenses

$9,384

Mortgage P&I

113%

$5,668

Property Taxes

18%

$879

Home Insurance

9%

$429

HOA

0%

$0

Property Management

15%

$752

CapEx

4%

$201

Vacancy

0%

$0

Maintenance

4%

$201

Other

25%

$1,254

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Spacious house in central Seattle/Kirkland

$5,243

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3

3

0.94 mi

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$12,384

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3

3

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$7,023

$296

3

2.5

0.59 mi

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$4,057

$171

3

2.5

0.73 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

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$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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