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3511 59th Street Ct, Gig Harbor, WA 98335

3 beds • 2 baths • 1898 sqft

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This property looks like a bad Airbnb investment with a projected -16.74% first-year return on $191k initial cash invested.

-16.74%

Cash On Cash

2.19%

Cap Rate

0.38

DSCR

$4,097

Rent

-$2,667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,097 income − $6,764 expenses = $2,667 out of pocket

Income$4,097Out of Pocket$2,667Mortgage P&I$4,00798%Property Taxes$49112%Insurance$2767%HOA$231%Management$61515%CapEx$1644%Maintenance$1644%Other$1,02425%

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$165k

Closing costs

1%

$8,245

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,097

Total Expenses

$6,764

Mortgage P&I

98%

$4,007

Property Taxes

12%

$491

Home Insurance

7%

$276

HOA

1%

$23

Property Management

15%

$615

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,024

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