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24855 16TH Avenue S, Des Moines, WA 98198

4 beds • 2 baths • 1190 sqft

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This property looks like a bad Airbnb investment with a projected -15.12% first-year return on $142k initial cash invested.

-15.12%

Cash On Cash

2.37%

Cap Rate

0.4

DSCR

$3,125

Rent

-$1,786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,125 income − $4,911 expenses = $1,786 out of pocket

Income$3,125Out of Pocket$1,786Mortgage P&I$2,77089%Property Taxes$44114%Insurance$2006%Management$46915%CapEx$1254%Maintenance$1254%Other$78125%

Investment Breakdown

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Purchase Price

$561k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$112k

Closing costs

1%

$5,609

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,125

Total Expenses

$4,911

Mortgage P&I

89%

$2,770

Property Taxes

14%

$441

Home Insurance

6%

$200

HOA

0%

$0

Property Management

15%

$469

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$781

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