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22902 41st Avenue Ct E, Spanaway, WA 98387

3 beds • 1 baths • 892 sqft

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This property looks like a bad Airbnb investment with a projected -2.27% first-year return on $91,605 initial cash invested.

-2.27%

Cash On Cash

5.81%

Cap Rate

0.98

DSCR

$3,328

Rent

-$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,605

Downpayment

20%

$70,100

Closing costs

1%

$3,505

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,328

Total Expenses

$3,501

Mortgage P&I

52%

$1,738

Property Taxes

1%

$44

Home Insurance

4%

$122

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

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Comparable Property

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