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21216 Des Moines Memorial Dr S, Des Moines, WA 98198

4 beds • 3 baths • 1740 sqft

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This property looks like a bad Airbnb investment with a projected -2.87% first-year return on $150k initial cash invested.

-2.87%

Cash On Cash

5.77%

Cap Rate

0.97

DSCR

$6,547

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,547 income − $6,905 expenses = $358 out of pocket

Income$6,547Out of Pocket$358Mortgage P&I$2,97445%Property Taxes$5789%Insurance$2103%Management$98215%CapEx$2624%Maintenance$2624%Other$1,63725%

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$6,547

Total Expenses

$6,905

Mortgage P&I

45%

$2,974

Property Taxes

9%

$578

Home Insurance

3%

$210

HOA

0%

$0

Property Management

15%

$982

CapEx

4%

$262

Vacancy

0%

$0

Maintenance

4%

$262

Other

25%

$1,637

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