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5110 Baker Way NW, Gig Harbor, WA 98332

3 beds • 3 baths • 2901 sqft

$1,446,300

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This property looks like a bad Airbnb investment with a projected -29.58% first-year return on $322k initial cash invested.

-29.58%

Cash On Cash

-0.52%

Cap Rate

-0.09

DSCR

$1,740

Rent

-$7,930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $9,670 expenses = $7,930 out of pocket

Income$1,740Out of Pocket$7,930Mortgage P&I$7,236416%Property Taxes$93053%Insurance$52330%HOA$1458%Management$26115%CapEx$704%Maintenance$704%Other$43525%

Investment Breakdown

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Purchase Price

$1446k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$322k

Downpayment

20%

$289k

Closing costs

1%

$14,463

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,740

Total Expenses

$9,670

Mortgage P&I

416%

$7,236

Property Taxes

53%

$930

Home Insurance

30%

$523

HOA

8%

$145

Property Management

15%

$261

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$435

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