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7015 Tolmie, Olympia, WA 98516

3 beds • 2 baths • 1428 sqft

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This property looks like a bad Airbnb investment with a projected -17.75% first-year return on $124k initial cash invested.

-17.75%

Cash On Cash

2.04%

Cap Rate

0.33

DSCR

$2,632

Rent

-$1,840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,632 income − $4,472 expenses = $1,840 out of pocket

Income$2,632Out of Pocket$1,840Mortgage P&I$2,59599%Property Taxes$39715%Insurance$1787%HOA$391%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%

Investment Breakdown

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Purchase Price

$507k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,066

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,632

Total Expenses

$4,472

Mortgage P&I

99%

$2,595

Property Taxes

15%

$397

Home Insurance

7%

$178

HOA

1%

$39

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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