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424 Alvord Avenue N, Kent, WA 98030

3 beds • 3 baths • 2300 sqft

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This property looks like a bad Airbnb investment with a projected -23.26% first-year return on $166k initial cash invested.

-23.26%

Cash On Cash

0.55%

Cap Rate

0.09

DSCR

$2,007

Rent

-$3,213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,007 income − $5,220 expenses = $3,213 out of pocket

Income$2,007Out of Pocket$3,213Mortgage P&I$3,457172%Property Taxes$55528%Insurance$24512%Management$30115%CapEx$804%Maintenance$804%Other$50225%

Investment Breakdown

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Purchase Price

$704k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,036

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,007

Total Expenses

$5,220

Mortgage P&I

172%

$3,457

Property Taxes

28%

$555

Home Insurance

12%

$245

HOA

0%

$0

Property Management

15%

$301

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$502

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