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16518 NE 2nd Place, Bellevue, WA 98008

3 beds • 3 baths • 2450 sqft

$1,855,400

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This property looks like a bad Airbnb investment with a projected -26.76% first-year return on $408k initial cash invested.

-26.76%

Cash On Cash

0.26%

Cap Rate

0.04

DSCR

$2,188

Rent

-$9,091

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $11,279 expenses = $9,091 out of pocket

Income$2,188Out of Pocket$9,091Mortgage P&I$9,408430%Property Taxes$1386%Insurance$68231%Management$32815%CapEx$884%Maintenance$884%Other$54725%

Investment Breakdown

|

Purchase Price

$1855k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$408k

Downpayment

20%

$371k

Closing costs

1%

$18,554

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,188

Total Expenses

$11,279

Mortgage P&I

430%

$9,408

Property Taxes

6%

$138

Home Insurance

31%

$682

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$547

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