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523 Bridges Avenue S, Kent, WA 98032

4 beds • 4 baths • 2415 sqft

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This property looks like a bad Airbnb investment with a projected -11.32% first-year return on $174k initial cash invested.

-11.32%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$4,494

Rent

-$1,643

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,494 income − $6,137 expenses = $1,643 out of pocket

Income$4,494Out of Pocket$1,643Mortgage P&I$3,57580%Property Taxes$1543%Insurance$2506%Management$67415%CapEx$1804%Maintenance$1804%Other$1,12425%

Investment Breakdown

|

Purchase Price

$715k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$143k

Closing costs

1%

$7,150

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$4,494

Total Expenses

$6,137

Mortgage P&I

80%

$3,575

Property Taxes

3%

$154

Home Insurance

6%

$250

HOA

0%

$0

Property Management

15%

$674

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,124

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