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3007 Meridian Court, Anacortes, WA 98221

3 beds • 3 baths • 4060 sqft

$1,119,300

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This property looks like a bad Airbnb investment with a projected -24.1% first-year return on $253k initial cash invested.

-24.1%

Cash On Cash

0.69%

Cap Rate

0.11

DSCR

$3,803

Rent

-$5,083

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,803 income − $8,886 expenses = $5,083 out of pocket

Income$3,803Out of Pocket$5,083Mortgage P&I$5,571146%Property Taxes$91324%Insurance$57715%Management$57015%CapEx$1524%Maintenance$1524%Other$95125%

Investment Breakdown

|

Purchase Price

$1119k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$253k

Downpayment

20%

$224k

Closing costs

1%

$11,193

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,803

Total Expenses

$8,886

Mortgage P&I

146%

$5,571

Property Taxes

24%

$913

Home Insurance

15%

$577

HOA

0%

$0

Property Management

15%

$570

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$951

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