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1636 Pierce Avenue SE, Renton, WA 98058

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Airbnb investment with a projected -20.09% first-year return on $151k initial cash invested.

-20.09%

Cash On Cash

1.47%

Cap Rate

0.24

DSCR

$2,862

Rent

-$2,536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $5,398 expenses = $2,536 out of pocket

Income$2,862Out of Pocket$2,536Mortgage P&I$3,201112%Property Taxes$58721%Insurance$2288%HOA$9Management$42915%CapEx$1144%Maintenance$1144%Other$71625%

Investment Breakdown

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Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,357

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$5,398

Mortgage P&I

112%

$3,201

Property Taxes

21%

$587

Home Insurance

8%

$228

HOA

0%

$9

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$716

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