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2209 NW 59th Street, Seattle, WA 98107
9 beds • 6 baths • 4286 sqft • 6 units
$1,800,000
View on ZillowThis property might be a fair Airbnb investment with a projected 5.54% first-year return on $432k initial cash invested.
5.54%
Cash On Cash
8.08%
Cap Rate
1.32
DSCR
$23,856
Rent
$1,995
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$23,856 income − $21,861 expenses = $1,995 cash flow
Investment Breakdown
|
Purchase Price
$1800k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$432k
Downpayment
20%
$360k
Closing costs
1%
$18,000
Rehab
0%
$0
Furnishing
3%
$54,000
Cashflow
Total Income
$23,856
Total Expenses
$21,861
Mortgage P&I
38%
$9,171
Property Taxes
3%
$610
Home Insurance
3%
$630
HOA
0%
$0
Property Management
15%
$3,578
CapEx
4%
$954
Vacancy
0%
$0
Maintenance
4%
$954
Other
25%
$5,964