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2226 35th St NW, Gig Harbor, WA 98335

3 beds • 3 baths • 3174 sqft

$1,100,000

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This property looks like a bad Airbnb investment with a projected -18.92% first-year return on $249k initial cash invested.

-18.92%

Cash On Cash

1.79%

Cap Rate

0.3

DSCR

$3,833

Rent

-$3,926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,833 income − $7,759 expenses = $3,926 out of pocket

Income$3,833Out of Pocket$3,926Mortgage P&I$5,418141%Property Taxes$963%Insurance$38510%HOA$211%Management$57515%CapEx$1534%Maintenance$1534%Other$95825%

Investment Breakdown

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Purchase Price

$1100k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$249k

Downpayment

20%

$220k

Closing costs

1%

$11,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,833

Total Expenses

$7,759

Mortgage P&I

141%

$5,418

Property Taxes

3%

$96

Home Insurance

10%

$385

HOA

1%

$21

Property Management

15%

$575

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$958

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