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8738 233rd Place NE, Redmond, WA 98053

3 beds • 3 baths • 1690 sqft

$1,076,100

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This property looks like a bad Airbnb investment with a projected -24.93% first-year return on $244k initial cash invested.

-24.93%

Cash On Cash

0.35%

Cap Rate

0.06

DSCR

$2,750

Rent

-$5,068

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $7,818 expenses = $5,068 out of pocket

Income$2,750Out of Pocket$5,068Mortgage P&I$5,273192%Property Taxes$76828%Insurance$38514%HOA$723%Management$41215%CapEx$1104%Maintenance$1104%Other$68825%

Investment Breakdown

|

Purchase Price

$1076k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$244k

Downpayment

20%

$215k

Closing costs

1%

$10,761

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$7,818

Mortgage P&I

192%

$5,273

Property Taxes

28%

$768

Home Insurance

14%

$385

HOA

3%

$72

Property Management

15%

$412

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$688

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