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488 Goodman Mainline Road, Redmond, WA 98331

2 beds • 1 baths • 812 sqft

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This property could be a profitable Airbnb investment with a projected 16.42% first-year return on $55,764 initial cash invested.

16.42%

Cash On Cash

11.46%

Cap Rate

1.85

DSCR

$3,827

Rent

$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,827 income − $3,064 expenses = $763 cash flow

Income$3,827Mortgage P&I$1,07428%Property Taxes$922%Insurance$612%Management$57415%CapEx$1534%Maintenance$1534%Other$95725%Cash Flow$763

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,764

Downpayment

20%

$41,680

Closing costs

1%

$2,084

Rehab

0%

$0

Furnishing

6%

$12,000

Cashflow

Total Income

$3,827

Total Expenses

$3,064

Mortgage P&I

28%

$1,074

Property Taxes

2%

$92

Home Insurance

2%

$61

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$957

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