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9613 S 240th Street, Kent, WA 98031

4 beds • 3 baths • 2173 sqft

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This property looks like a bad Airbnb investment with a projected -15.08% first-year return on $165k initial cash invested.

-15.08%

Cash On Cash

2.13%

Cap Rate

0.38

DSCR

$3,251

Rent

-$2,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$670k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$134k

Closing costs

1%

$6,699

Rehab

0%

$0

Furnishing

4%

$24,000

Cashflow

Total Income

$3,251

Total Expenses

$5,321

Mortgage P&I

96%

$3,131

Property Taxes

12%

$391

Home Insurance

7%

$238

HOA

0%

$0

Property Management

15%

$488

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$813

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Comparable Property

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ADR

Beds

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2

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5

4

0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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