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21809 24th Avenue Ct E, Spanaway, WA 98387

4 beds • 3 baths • 2605 sqft

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This property looks like a bad Airbnb investment with a projected -16.34% first-year return on $165k initial cash invested.

-16.34%

Cash On Cash

2.08%

Cap Rate

0.36

DSCR

$3,684

Rent

-$2,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$670k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$134k

Closing costs

1%

$6,703

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,684

Total Expenses

$5,927

Mortgage P&I

88%

$3,260

Property Taxes

17%

$630

Home Insurance

7%

$244

HOA

1%

$25

Property Management

15%

$553

CapEx

4%

$147

Vacancy

0%

$0

Maintenance

4%

$147

Other

25%

$921

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