BNBCalc Short Term Rental Rental Arbitrage Analysis 1900 Southwest Campus Drive, Federal Way, Washington 98023, United States

3 bed • 2 bath • 8 guests • $0

BNB

Calc

Annual Revenue

$60,777

Profit (Cash Flow)

$12,676

Cash on Cash Return

115.2%

Annual Revenue

$60,777

AirDNA projects $256/night at 65% occupancy ($60,776).

BNB Calc projects a 65% occupancy rate, $256 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Return Metrics

115.23% cash on cash return is a excellent return over the next 1 year

Cashflow Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	$12,675	$25,351	$38,026	$50,702	$63,378	$126,756	$380,269
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0	$0	$0
Down Payment	$0	$0	$0	$0	$0	$0	$0
Property Appreciation	$0	$0	$0	$0	$0	$0	$0
Total Return	$12,675	$25,351	$38,026	$50,702	$63,378	$126,756	$380,269

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

115.23%

Payback Period Days

316

Return on Investment

115.23%

1900 SW Campus Dr Federal Way, Washington, 98023-6444

3 bed • 2 bath • 8 guests

Monthly Rent

Inquire about this property

Contact Agent

$3,297

Zestimate

Federal Way

Zoning

Laws

$60,777

Annual Revenue

Projected nightly rate is $256/night at 65% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

$12,676

Profit

Revenue

$60,777

Operating Expenses

$19,301

Operating Income

$41,476

Net Effective Rent

$28,800

Profit (Cash Flow)

$12,676

$11,000

Cash Investment

Renos & Furnishing

$8,500

Setup Costs

$2,500

Total

$11,000

Investment Value Over Time

Revenue Appreciation

Cash on Cash Return

115.23%

Payback Period Days

316

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

643,015 sqft

Year built:

1990

Size:

249,777 sqft

Type:

MFR

Parking:

Heating:

FLOOR/WALL FURNACE

Sold Comparables

Address	Beds	Baths	Square Feet	$/SqFt	Lot Size	Year Built	Last Sale	Days on Market
21 S 338th Pl	-	-	3,904	-	10,348	1979	$945,000	46

Property Details

MLS Status: N/A

Property Use: Residential Income (General/Multi-Family)

Stories: 3

Lot size: 643,015 sqft

Building area: 249,777 sqft

Garage: No

Heating: Floor/wall furnace

Pool: No

Fireplaces: 0

Basement: Yes

Cooling: -

View: -

Parking: -

Amenities: -

Price per square foot: -

Lot Info

Zoning: RM2400

Land Use: Residential

Parcel Number: 182104-9012

Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

Year Assessed: 2023

Assessed Value: $63,532,000

County Est. Land Value: $5,144,100

Assessed Land Value: $5,144,100

County Est. Structure Value: $58,387,900

Market Estimate: $14,669,978

Sale history

Date	Sale Price	% Financed	Buyer
03/10/17	$47,587,000	75%	Prime Catalina Campus Drive Ii, Prime Portfolio Campus Drive I
05/29/14	$59,750,000	75%	Fpa4 Cascade Ridge Llc
11/14/06	$58,000,000	84%	Kw Federal Way Llc
Invalid Date	$0	0%	Udr Audubon Lp
Invalid Date	$15,200,000	0%	A/Fc Properties Ltd
Invalid Date	$11,350,000	81%	Groach Associates #2 Ltd
Invalid Date	$1,739,000	0%	Emerald Glen Two Assoc

Ownership

Name: Prime Catalina Campus Drive Ii

Owner Occupied: No

Owner Mailing Address: 600 Montgomery St Ste 1700, San Francisco, Ca 94111

Years Owned: 79

Home Equity: -

Mortgage Balance Remaining: $36,165,000

Financed amount: -

Owner Type: Investor

Lien: No

Inherited: No

Foreclosure: No