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9859 Redmond Woodinville Road NE, Redmond, WA 98052

3 beds • 2 baths • 1800 sqft

$16,000,000

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This property looks like a bad Airbnb investment with a projected -29.44% first-year return on $3378k initial cash invested.

-29.44%

Cash On Cash

-0.29%

Cap Rate

-0.05

DSCR

$4,977

Rent

-$82,882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,977 income − $87,859 expenses = $82,882 out of pocket

Income$4,977Out of Pocket$82,882Mortgage P&I$78,8121584%Property Taxes$1,05821%Insurance$5,600113%Management$74715%CapEx$1994%Maintenance$1994%Other$1,24425%

Investment Breakdown

|

Purchase Price

$16000k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$3378k

Downpayment

20%

$3200k

Closing costs

1%

$160k

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$4,977

Total Expenses

$87,859

Mortgage P&I

1584%

$78,812

Property Taxes

21%

$1,058

Home Insurance

113%

$5,600

HOA

0%

$0

Property Management

15%

$747

CapEx

4%

$199

Vacancy

0%

$0

Maintenance

4%

$199

Other

25%

$1,244

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