REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24029 24th Avenue S, Des Moines, WA 98198

5 beds • 5 baths • 2650 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.14% first-year return on $162k initial cash invested.

-19.14%

Cash On Cash

1.17%

Cap Rate

0.2

DSCR

$2,860

Rent

-$2,588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,860 income − $5,448 expenses = $2,588 out of pocket

Income$2,860Out of Pocket$2,588Mortgage P&I$3,088108%Property Taxes$70825%Insurance$28010%Management$42915%CapEx$1144%Maintenance$1144%Other$71525%

Investment Breakdown

|

Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$126k

Closing costs

1%

$6,296

Rehab

0%

$0

Furnishing

5%

$30,000

Cashflow

Total Income

$2,860

Total Expenses

$5,448

Mortgage P&I

108%

$3,088

Property Taxes

25%

$708

Home Insurance

10%

$280

HOA

0%

$0

Property Management

15%

$429

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$715

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis