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2484 Soundview Drive NE, Bainbridge Island, WA 98110

3 beds • 3 baths • 2147 sqft

$1,124,400

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This property looks like a bad Airbnb investment with a projected -18.06% first-year return on $254k initial cash invested.

-18.06%

Cash On Cash

2.16%

Cap Rate

0.36

DSCR

$5,487

Rent

-$3,825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,487 income − $9,312 expenses = $3,825 out of pocket

Income$5,487Out of Pocket$3,825Mortgage P&I$5,628103%Property Taxes$64512%Insurance$4067%Management$82315%CapEx$2194%Maintenance$2194%Other$1,37225%

Investment Breakdown

|

Purchase Price

$1124k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$225k

Closing costs

1%

$11,244

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,487

Total Expenses

$9,312

Mortgage P&I

103%

$5,628

Property Taxes

12%

$645

Home Insurance

7%

$406

HOA

0%

$0

Property Management

15%

$823

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,372

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