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9325 Northlake Drive SW, Lakewood, WA 98498

3 beds • 2 baths • 2064 sqft

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This property looks like a bad Airbnb investment with a projected -13.8% first-year return on $134k initial cash invested.

-13.8%

Cash On Cash

2.94%

Cap Rate

0.49

DSCR

$3,571

Rent

-$1,544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,571 income − $5,115 expenses = $1,544 out of pocket

Income$3,571Out of Pocket$1,544Mortgage P&I$2,75677%Property Taxes$44813%Insurance$1965%Management$53615%CapEx$1434%Maintenance$1434%Other$89325%

Investment Breakdown

|

Purchase Price

$554k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$111k

Closing costs

1%

$5,536

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,571

Total Expenses

$5,115

Mortgage P&I

77%

$2,756

Property Taxes

13%

$448

Home Insurance

5%

$196

HOA

0%

$0

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$893

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