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7341 21st Avenue NE #B, Seattle, WA 98115

3 beds • 3 baths • 1961 sqft

$1,199,000

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This property looks like a bad Airbnb investment with a projected -18.62% first-year return on $270k initial cash invested.

-18.62%

Cash On Cash

2.13%

Cap Rate

0.35

DSCR

$6,248

Rent

-$4,186

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,248

Total Expenses

$10,434

Mortgage P&I

97%

$6,069

Property Taxes

13%

$819

Home Insurance

7%

$420

HOA

2%

$127

Property Management

15%

$937

CapEx

4%

$250

Vacancy

0%

$0

Maintenance

4%

$250

Other

25%

$1,562

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