REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24325 16th Avenue S, Des Moines, WA 98198

3 beds • 2 baths • 1320 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.78% first-year return on $128k initial cash invested.

-16.78%

Cash On Cash

2.32%

Cap Rate

0.38

DSCR

$3,114

Rent

-$1,793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,114 income − $4,907 expenses = $1,793 out of pocket

Income$3,114Out of Pocket$1,793Mortgage P&I$2,68286%Property Taxes$54618%Insurance$1846%Management$46715%CapEx$1254%Maintenance$1254%Other$77825%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,114

Total Expenses

$4,907

Mortgage P&I

86%

$2,682

Property Taxes

18%

$546

Home Insurance

6%

$184

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$778

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis