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602 163rd Street S, Spanaway, WA 98387

4 beds • 4 baths • 2306 sqft

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This property looks like a bad Airbnb investment with a projected -5.88% first-year return on $136k initial cash invested.

-5.88%

Cash On Cash

4.91%

Cap Rate

0.83

DSCR

$5,114

Rent

-$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$107k

Closing costs

1%

$5,345

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$5,114

Total Expenses

$5,782

Mortgage P&I

52%

$2,651

Property Taxes

10%

$489

Home Insurance

4%

$187

HOA

0%

$0

Property Management

15%

$767

CapEx

4%

$205

Vacancy

0%

$0

Maintenance

4%

$205

Other

25%

$1,278

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