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1863 Connery Lane E, Pt Orchard, WA 98366

3 beds • 3 baths • 2218 sqft

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This property looks like a bad Airbnb investment with a projected -19.7% first-year return on $199k initial cash invested.

-19.7%

Cash On Cash

1.68%

Cap Rate

0.28

DSCR

$3,469

Rent

-$3,263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,469 income − $6,732 expenses = $3,263 out of pocket

Income$3,469Out of Pocket$3,263Mortgage P&I$4,329125%Property Taxes$43312%Insurance$3059%Management$52015%CapEx$1394%Maintenance$1394%Other$86725%

Investment Breakdown

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Purchase Price

$861k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$172k

Closing costs

1%

$8,609

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,469

Total Expenses

$6,732

Mortgage P&I

125%

$4,329

Property Taxes

12%

$433

Home Insurance

9%

$305

HOA

0%

$0

Property Management

15%

$520

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$867

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