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2512 20th Avenue NE, Olympia, WA 98506

3 beds • 3 baths • 1738 sqft

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This property looks like a bad Airbnb investment with a projected -19.58% first-year return on $153k initial cash invested.

-19.58%

Cash On Cash

1.66%

Cap Rate

0.27

DSCR

$2,926

Rent

-$2,492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,926 income − $5,418 expenses = $2,492 out of pocket

Income$2,926Out of Pocket$2,492Mortgage P&I$3,264112%Property Taxes$50017%Insurance$2288%HOA$211%Management$43915%CapEx$1174%Maintenance$1174%Other$73225%

Investment Breakdown

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Purchase Price

$641k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$128k

Closing costs

1%

$6,414

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,926

Total Expenses

$5,418

Mortgage P&I

112%

$3,264

Property Taxes

17%

$500

Home Insurance

8%

$228

HOA

1%

$21

Property Management

15%

$439

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$732

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