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23302 57th Avenue S #40, Kent, WA 98032

3 beds • 3 baths • 1236 sqft

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This property looks like a bad Airbnb investment with a projected -18.37% first-year return on $130k initial cash invested.

-18.37%

Cash On Cash

1.58%

Cap Rate

0.27

DSCR

$2,694

Rent

-$1,995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $4,689 expenses = $1,995 out of pocket

Income$2,694Out of Pocket$1,995Mortgage P&I$2,59296%Property Taxes$41615%Insurance$1877%HOA$2007%Management$40415%CapEx$1084%Maintenance$1084%Other$67425%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$4,689

Mortgage P&I

96%

$2,592

Property Taxes

15%

$416

Home Insurance

7%

$187

HOA

7%

$200

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$674

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