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21417 Snag Island Drive E, Lake Tapps, WA 98391
3 beds • 3 baths • 4335 sqft
$1,907,100
View on ZillowThis property looks like a bad Airbnb investment with a projected -28.01% first-year return on $418k initial cash invested.
-28.01%
Cash On Cash
-0.04%
Cap Rate
-0.01
DSCR
$4,277
Rent
-$9,770
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,277 income − $14,047 expenses = $9,770 out of pocket
Investment Breakdown
|
Purchase Price
$1907k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$418k
Downpayment
20%
$381k
Closing costs
1%
$19,071
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,277
Total Expenses
$14,047
Mortgage P&I
223%
$9,541
Property Taxes
38%
$1,612
Home Insurance
16%
$700
HOA
3%
$141
Property Management
15%
$642
CapEx
4%
$171
Vacancy
0%
$0
Maintenance
4%
$171
Other
25%
$1,069