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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 -20.02% first-year return on $244k initial cash invested.

-20.02%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$4,669

Rent

-$4,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,669 income − $8,739 expenses = $4,070 out of pocket

Income$4,669Out of Pocket$4,070Mortgage P&I$5,273113%Property Taxes$76816%Insurance$3858%HOA$722%Management$70015%CapEx$1874%Maintenance$1874%Other$1,16725%

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

$4,669

Total Expenses

$8,739

Mortgage P&I

113%

$5,273

Property Taxes

16%

$768

Home Insurance

8%

$385

HOA

2%

$72

Property Management

15%

$700

CapEx

4%

$187

Vacancy

0%

$0

Maintenance

4%

$187

Other

25%

$1,167

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