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2435 Crestridge Drive NW, Olympia, WA 98502

3 beds • 2 baths • 1950 sqft

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This property looks like a bad Airbnb investment with a projected -19.71% first-year return on $134k initial cash invested.

-19.71%

Cash On Cash

1.62%

Cap Rate

0.26

DSCR

$2,461

Rent

-$2,201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,461 income − $4,662 expenses = $2,201 out of pocket

Income$2,461Out of Pocket$2,201Mortgage P&I$2,849116%Property Taxes$27911%Insurance$1968%HOA$1586%Management$36915%CapEx$984%Maintenance$984%Other$61525%

Investment Breakdown

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Purchase Price

$553k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,525

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,461

Total Expenses

$4,662

Mortgage P&I

116%

$2,849

Property Taxes

11%

$279

Home Insurance

8%

$196

HOA

6%

$158

Property Management

15%

$369

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$615

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