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6401 151st Street NW, Gig Harbor, WA 98332

3 beds • 2 baths • 1722 sqft

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This property looks like a bad Airbnb investment with a projected -13.71% first-year return on $144k initial cash invested.

-13.71%

Cash On Cash

2.96%

Cap Rate

0.5

DSCR

$3,714

Rent

-$1,641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,714 income − $5,355 expenses = $1,641 out of pocket

Income$3,714Out of Pocket$1,641Mortgage P&I$2,96980%Property Taxes$39311%Insurance$2106%Management$55715%CapEx$1494%Maintenance$1494%Other$92825%

Investment Breakdown

|

Purchase Price

$598k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,981

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,714

Total Expenses

$5,355

Mortgage P&I

80%

$2,969

Property Taxes

11%

$393

Home Insurance

6%

$210

HOA

0%

$0

Property Management

15%

$557

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$928

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