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8623 Myrtle Road, Stanwood, WA 98292

3 beds • 2 baths • 1998 sqft

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This property looks like a bad Airbnb investment with a projected -21.57% first-year return on $168k initial cash invested.

-21.57%

Cash On Cash

1.03%

Cap Rate

0.17

DSCR

$2,315

Rent

-$3,025

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,315 income − $5,340 expenses = $3,025 out of pocket

Income$2,315Out of Pocket$3,025Mortgage P&I$3,544153%Property Taxes$41518%Insurance$25211%HOA$171%Management$34715%CapEx$934%Maintenance$934%Other$57925%

Investment Breakdown

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Purchase Price

$716k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,157

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,315

Total Expenses

$5,340

Mortgage P&I

153%

$3,544

Property Taxes

18%

$415

Home Insurance

11%

$252

HOA

1%

$17

Property Management

15%

$347

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$579

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