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23427 28th Avenue S, Des Moines, WA 98198

3 beds • 2 baths • 2500 sqft

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This property looks like a bad Airbnb investment with a projected -28.56% first-year return on $136k initial cash invested.

-28.56%

Cash On Cash

-0.64%

Cap Rate

-0.1

DSCR

$869

Rent

-$3,227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$869 income − $4,096 expenses = $3,227 out of pocket

Income$869Out of Pocket$3,227Mortgage P&I$2,891333%Property Taxes$59268%Insurance$19623%Management$13015%CapEx$354%Maintenance$354%Other$21725%

Investment Breakdown

|

Purchase Price

$560k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$869

Total Expenses

$4,096

Mortgage P&I

333%

$2,891

Property Taxes

68%

$592

Home Insurance

23%

$196

HOA

0%

$0

Property Management

15%

$130

CapEx

4%

$35

Vacancy

0%

$0

Maintenance

4%

$35

Other

25%

$217

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