REI Lense

REI Lense

565 Rainbow Drive, Sedro Woolley, WA 98284

3 beds • 2 baths • 1056 sqft

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This property looks like a bad Airbnb investment with a projected -2.86% first-year return on $111k initial cash invested.

-2.86%

Cash On Cash

6.3%

Cap Rate

0.97

DSCR

$4,598

Rent

-$266

Cashflow

Cash Flow

$4,598 income − $4,864 expenses = $266 out of pocket

Income$4,598Out ofPocket$266P&I$2,42053%Taxes$421%Insurance$1563%HOA$381%Mgmt$69015%CapEx$1844%Maint.$1844%Other$1,15025%

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,598

Total Expenses

$4,864

Mortgage P&I

53%

$2,420

Property Taxes

1%

$42

Home Insurance

3%

$156

HOA

1%

$38

Property Management

15%

$690

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,150

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Projection Charts

Investment Value YoY

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