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4902 74th Lane NE, Olympia, WA 98516

3 beds • 3 baths • 3982 sqft

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This property looks like a bad Airbnb investment with a projected -24.07% first-year return on $217k initial cash invested.

-24.07%

Cash On Cash

0.76%

Cap Rate

0.12

DSCR

$3,310

Rent

-$4,362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,310 income − $7,672 expenses = $4,362 out of pocket

Income$3,310Out of Pocket$4,362Mortgage P&I$4,834146%Property Taxes$91828%Insurance$33210%Management$49615%CapEx$1324%Maintenance$1324%Other$82825%

Investment Breakdown

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Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$190k

Closing costs

1%

$9,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,310

Total Expenses

$7,672

Mortgage P&I

146%

$4,834

Property Taxes

28%

$918

Home Insurance

10%

$332

HOA

0%

$0

Property Management

15%

$496

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$828

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