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7608 Elm Court SE, Lacey, WA 98503

4 beds • 3 baths • 1990 sqft

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This property looks like a bad Airbnb investment with a projected -4.8% first-year return on $139k initial cash invested.

-4.8%

Cash On Cash

5.12%

Cap Rate

0.87

DSCR

$5,310

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$109k

Closing costs

1%

$5,471

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$5,310

Total Expenses

$5,866

Mortgage P&I

50%

$2,680

Property Taxes

8%

$409

Home Insurance

4%

$192

HOA

1%

$37

Property Management

15%

$796

CapEx

4%

$212

Vacancy

0%

$0

Maintenance

4%

$212

Other

25%

$1,328

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