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19939 23rd Avenue Ct E, Spanaway, WA 98387

3 beds • 2 baths • 1629 sqft

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This property looks like a bad Airbnb investment with a projected -9.49% first-year return on $133k initial cash invested.

-9.49%

Cash On Cash

4.04%

Cap Rate

0.68

DSCR

$4,466

Rent

-$1,055

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,498

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,466

Total Expenses

$5,521

Mortgage P&I

61%

$2,727

Property Taxes

9%

$418

Home Insurance

4%

$192

HOA

1%

$40

Property Management

15%

$670

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,116

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