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1204 Kelly Road, Bellingham, WA 98226

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Airbnb investment with a projected -16.81% first-year return on $154k initial cash invested.

-16.81%

Cash On Cash

2.2%

Cap Rate

0.37

DSCR

$3,252

Rent

-$2,164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,252 income − $5,416 expenses = $2,164 out of pocket

Income$3,252Out of Pocket$2,164Mortgage P&I$3,22799%Property Taxes$40012%Insurance$2287%Management$48815%CapEx$1304%Maintenance$1304%Other$81325%

Investment Breakdown

|

Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,252

Total Expenses

$5,416

Mortgage P&I

99%

$3,227

Property Taxes

12%

$400

Home Insurance

7%

$228

HOA

0%

$0

Property Management

15%

$488

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$813

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