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49 W 29th Ave, Spokane, WA 99203

4 beds • 2 baths • 2558 sqft

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This property looks like a bad Airbnb investment with a projected -9.17% first-year return on $126k initial cash invested.

-9.17%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$3,841

Rent

-$964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$97,340

Closing costs

1%

$4,867

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$3,841

Total Expenses

$4,805

Mortgage P&I

63%

$2,414

Property Taxes

10%

$372

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$576

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$960

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