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16823 NE 91st St, Redmond, WA 98052

5 beds • 3 baths • 2840 sqft

$1,822,300

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This property looks like a bad Airbnb investment with a projected -22.61% first-year return on $413k initial cash invested.

-22.61%

Cash On Cash

1.23%

Cap Rate

0.2

DSCR

$5,466

Rent

-$7,776

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,466 income − $13,242 expenses = $7,776 out of pocket

Income$5,466Out of Pocket$7,776Mortgage P&I$9,418172%Property Taxes$1,19822%Insurance$2Management$82015%CapEx$2194%Maintenance$2194%Other$1,36625%

Investment Breakdown

|

Purchase Price

$1822k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$413k

Downpayment

20%

$364k

Closing costs

1%

$18,223

Rehab

0%

$0

Furnishing

2%

$30,000

Cashflow

Total Income

$5,466

Total Expenses

$13,242

Mortgage P&I

172%

$9,418

Property Taxes

22%

$1,198

Home Insurance

0%

$2

HOA

0%

$0

Property Management

15%

$820

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,366

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Deck, Yard & Game Room: Fun-Filled Redmond Home

$8,661

$335

5

3

0.52 mi

The Singing Willow | Large Retreat near Microsoft

$8,765

$339

4

3

0.38 mi

Single-family Home near Redmond DT & Pet-Friendly

$5,688

$220

4

2.5

0.11 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 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

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

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

Projection Charts

Investment Value YoY

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