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6314 S Ray Ct, Spokane, WA 99223

4 beds • 3 baths • 3512 sqft

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This property looks like a bad Airbnb investment with a projected -13.3% first-year return on $150k initial cash invested.

-13.3%

Cash On Cash

3.12%

Cap Rate

0.51

DSCR

$4,073

Rent

-$1,662

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$4,073

Total Expenses

$5,735

Mortgage P&I

75%

$3,059

Property Taxes

13%

$511

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$611

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,018

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