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4221 Forest Beach Drive NW, Gig Harbor, WA 98335
3 beds • 2 baths • 2646 sqft
$3,324,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -29.12% first-year return on $716k initial cash invested.
-29.12%
Cash On Cash
-0.11%
Cap Rate
-0.02
DSCR
$4,779
Rent
-$17,373
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,779 income − $22,152 expenses = $17,373 out of pocket
Investment Breakdown
|
Purchase Price
$3324k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$716k
Downpayment
20%
$665k
Closing costs
1%
$33,240
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$4,779
Total Expenses
$22,152
Mortgage P&I
353%
$16,878
Property Taxes
37%
$1,755
Home Insurance
26%
$1,225
HOA
0%
$0
Property Management
15%
$717
CapEx
4%
$191
Vacancy
0%
$0
Maintenance
4%
$191
Other
25%
$1,195