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8408 121st Street SW, Lakewood, WA 98498

3 beds • 2 baths • 1712 sqft

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This property looks like a bad Airbnb investment with a projected -18.3% first-year return on $134k initial cash invested.

-18.3%

Cash On Cash

1.75%

Cap Rate

0.29

DSCR

$2,537

Rent

-$2,045

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,537 income − $4,582 expenses = $2,045 out of pocket

Income$2,537Out of Pocket$2,045Mortgage P&I$2,748108%Property Taxes$42117%Insurance$1968%Management$38115%CapEx$1014%Maintenance$1014%Other$63425%

Investment Breakdown

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Purchase Price

$553k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,528

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,537

Total Expenses

$4,582

Mortgage P&I

108%

$2,748

Property Taxes

17%

$421

Home Insurance

8%

$196

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$634

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