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16603 57th Place W, Lynnwood, WA 98037

4 beds • 3 baths • 2310 sqft

$1,024,700

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This property looks like a bad Airbnb investment with a projected -14.07% first-year return on $239k initial cash invested.

-14.07%

Cash On Cash

2.75%

Cap Rate

0.48

DSCR

$5,911

Rent

-$2,804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1025k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$205k

Closing costs

1%

$10,247

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$5,911

Total Expenses

$8,715

Mortgage P&I

83%

$4,913

Property Taxes

10%

$568

Home Insurance

6%

$368

HOA

0%

$29

Property Management

15%

$887

CapEx

4%

$236

Vacancy

0%

$0

Maintenance

4%

$236

Other

25%

$1,478

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