REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3638 Courtland Place S #B, Seattle, WA 98144

2 beds • 2 baths • 1140 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.13% first-year return on $146k initial cash invested.

-20.13%

Cash On Cash

1.4%

Cap Rate

0.24

DSCR

$2,666

Rent

-$2,452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $5,118 expenses = $2,452 out of pocket

Income$2,666Out of Pocket$2,452Mortgage P&I$3,088116%Property Taxes$52620%Insurance$2248%Management$40015%CapEx$1074%Maintenance$1074%Other$66625%

Investment Breakdown

|

Purchase Price

$639k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$128k

Closing costs

1%

$6,390

Rehab

0%

$0

Furnishing

2%

$12,000

Cashflow

Total Income

$2,666

Total Expenses

$5,118

Mortgage P&I

116%

$3,088

Property Taxes

20%

$526

Home Insurance

8%

$224

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis