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4118 E 29th Ave, Spokane, WA 99223

3 beds • 2 baths • 2372 sqft

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This property looks like a bad Airbnb investment with a projected -10.34% first-year return on $90,597 initial cash invested.

-10.34%

Cash On Cash

3.84%

Cap Rate

0.62

DSCR

$2,763

Rent

-$781

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,763 income − $3,544 expenses = $781 out of pocket

Income$2,763Out of Pocket$781Mortgage P&I$1,77664%Property Taxes$32012%Insurance$1214%Management$41415%CapEx$1114%Maintenance$1114%Other$69125%

Investment Breakdown

|

Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,597

Downpayment

20%

$69,140

Closing costs

1%

$3,457

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,763

Total Expenses

$3,544

Mortgage P&I

64%

$1,776

Property Taxes

12%

$320

Home Insurance

4%

$121

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$691

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