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2527 Morris Ave, Richland, WA 99352

3 beds • 3 baths • 2056 sqft

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This property looks like a bad Airbnb investment with a projected -10.61% first-year return on $126k initial cash invested.

-10.61%

Cash On Cash

3.68%

Cap Rate

0.62

DSCR

$3,487

Rent

-$1,111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,487 income − $4,598 expenses = $1,111 out of pocket

Income$3,487Out of Pocket$1,111Mortgage P&I$2,54673%Property Taxes$1695%Insurance$1805%HOA$301%Management$52315%CapEx$1394%Maintenance$1394%Other$87225%

Investment Breakdown

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Purchase Price

$513k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,128

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,487

Total Expenses

$4,598

Mortgage P&I

73%

$2,546

Property Taxes

5%

$169

Home Insurance

5%

$180

HOA

1%

$30

Property Management

15%

$523

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$872

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