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4501 McKinley Street NE, Lacey, WA 98516

3 beds • 3 baths • 1762 sqft

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This property looks like a bad Airbnb investment with a projected -12.12% first-year return on $119k initial cash invested.

-12.12%

Cash On Cash

3.33%

Cap Rate

0.56

DSCR

$3,595

Rent

-$1,198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,595 income − $4,793 expenses = $1,198 out of pocket

Income$3,595Out of Pocket$1,198Mortgage P&I$2,38366%Property Taxes$39511%Insurance$1685%HOA$1213%Management$53915%CapEx$1444%Maintenance$1444%Other$89925%

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,800

Closing costs

1%

$4,790

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,595

Total Expenses

$4,793

Mortgage P&I

66%

$2,383

Property Taxes

11%

$395

Home Insurance

5%

$168

HOA

3%

$121

Property Management

15%

$539

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$899

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