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24228 47th Avenue SE, Woodinville, WA 98072

3 beds • 3 baths • 2196 sqft

$1,299,000

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This property looks like a bad Airbnb investment with a projected -22.13% first-year return on $291k initial cash invested.

-22.13%

Cash On Cash

1.05%

Cap Rate

0.18

DSCR

$4,248

Rent

-$5,363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,248 income − $9,611 expenses = $5,363 out of pocket

Income$4,248Out of Pocket$5,363Mortgage P&I$6,331149%Property Taxes$78619%Insurance$45511%Management$63715%CapEx$1704%Maintenance$1704%Other$1,06225%

Investment Breakdown

|

Purchase Price

$1299k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$12,990

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,248

Total Expenses

$9,611

Mortgage P&I

149%

$6,331

Property Taxes

19%

$786

Home Insurance

11%

$455

HOA

0%

$0

Property Management

15%

$637

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,062

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