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29903 Marine View Dr SW, Federal Way, WA 98023

4 beds • 3 baths • 2950 sqft

$1,750,000

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This property looks like a bad Airbnb investment with a projected -22.96% first-year return on $392k initial cash invested.

-22.96%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$5,663

Rent

-$7,492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1750k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$392k

Downpayment

20%

$350k

Closing costs

1%

$17,500

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$5,663

Total Expenses

$13,155

Mortgage P&I

153%

$8,658

Property Taxes

21%

$1,166

Home Insurance

11%

$612

HOA

0%

$0

Property Management

15%

$849

CapEx

4%

$227

Vacancy

0%

$0

Maintenance

4%

$227

Other

25%

$1,416

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