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8531 Lake Forest Drive SE, Olympia, WA 98503

3 beds • 2 baths • 1376 sqft

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This property looks like a bad Airbnb investment with a projected -7.76% first-year return on $115k initial cash invested.

-7.76%

Cash On Cash

4.38%

Cap Rate

0.74

DSCR

$3,998

Rent

-$745

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,540

Closing costs

1%

$4,627

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,998

Total Expenses

$4,743

Mortgage P&I

57%

$2,273

Property Taxes

9%

$362

Home Insurance

4%

$163

HOA

1%

$25

Property Management

15%

$600

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,000

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