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9320 220th Street SW, Edmonds, WA 98020

3 beds • 3 baths • 1544 sqft

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This property looks like a bad Airbnb investment with a projected -22.42% first-year return on $217k initial cash invested.

-22.42%

Cash On Cash

1.06%

Cap Rate

0.18

DSCR

$3,068

Rent

-$4,060

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,068 income − $7,128 expenses = $4,060 out of pocket

Income$3,068Out of Pocket$4,060Mortgage P&I$4,779156%Property Taxes$53517%Insurance$34111%Management$46015%CapEx$1234%Maintenance$1234%Other$76725%

Investment Breakdown

|

Purchase Price

$949k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$190k

Closing costs

1%

$9,492

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,068

Total Expenses

$7,128

Mortgage P&I

156%

$4,779

Property Taxes

17%

$535

Home Insurance

11%

$341

HOA

0%

$0

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$767

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