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2114 SW 322nd Street, Federal Way, WA 98023

3 beds • 3 baths • 2120 sqft

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This property looks like a bad Airbnb investment with a projected -18.16% first-year return on $153k initial cash invested.

-18.16%

Cash On Cash

1.59%

Cap Rate

0.28

DSCR

$2,720

Rent

-$2,322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,720 income − $5,042 expenses = $2,322 out of pocket

Income$2,720Out of Pocket$2,322Mortgage P&I$3,067113%Property Taxes$44116%Insurance$2288%Management$40815%CapEx$1094%Maintenance$1094%Other$68025%

Investment Breakdown

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Purchase Price

$645k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,449

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,720

Total Expenses

$5,042

Mortgage P&I

113%

$3,067

Property Taxes

16%

$441

Home Insurance

8%

$228

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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