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606 SW 302nd Street, Federal Way, WA 98023

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -15.58% first-year return on $123k initial cash invested.

-15.58%

Cash On Cash

2.34%

Cap Rate

0.39

DSCR

$2,162

Rent

-$1,597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,162 income − $3,759 expenses = $1,597 out of pocket

Income$2,162Out of Pocket$1,597Mortgage P&I$2,488115%Property Taxes$603%Insurance$1758%Management$32415%CapEx$864%Maintenance$864%Other$54025%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100,000

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,162

Total Expenses

$3,759

Mortgage P&I

115%

$2,488

Property Taxes

3%

$60

Home Insurance

8%

$175

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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