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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 -16.73% first-year return on $254k initial cash invested.

-16.73%

Cash On Cash

2.48%

Cap Rate

0.41

DSCR

$6,032

Rent

-$3,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,032 income − $9,574 expenses = $3,542 out of pocket

Income$6,032Out of Pocket$3,542Mortgage P&I$5,62893%Property Taxes$64511%Insurance$4067%Management$90515%CapEx$2414%Maintenance$2414%Other$1,50825%

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

$6,032

Total Expenses

$9,574

Mortgage P&I

93%

$5,628

Property Taxes

11%

$645

Home Insurance

7%

$406

HOA

0%

$0

Property Management

15%

$905

CapEx

4%

$241

Vacancy

0%

$0

Maintenance

4%

$241

Other

25%

$1,508

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