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21717 50th Avenue E, Spanaway, WA 98387

3 beds • 3 baths • 1444 sqft

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This property looks like a bad Airbnb investment with a projected -11.07% first-year return on $119k initial cash invested.

-11.07%

Cash On Cash

3.5%

Cap Rate

0.59

DSCR

$3,515

Rent

-$1,097

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,060

Closing costs

1%

$4,803

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,515

Total Expenses

$4,612

Mortgage P&I

67%

$2,357

Property Taxes

11%

$399

Home Insurance

5%

$168

HOA

0%

$0

Property Management

15%

$527

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$879

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