REI Lense

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$2,342 (target)

1225 Northwind Circle, Bellingham, WA 98226

3 beds • 2 baths • 1835 sqft

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This property looks like a bad Long-Term investment with a projected -24.05% first-year return on $134k initial cash invested.

-24.05%

Cash On Cash

1.11%

Cap Rate

0.19

DSCR

$2,342

Rent

-$2,689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,342 income − $5,031 expenses = $2,689 out of pocket

Income$2,342Out of Pocket$2,689Mortgage P&I$3,163135%Property Taxes$43519%Insurance$22410%HOA$60026%Management$23410%CapEx$1175%Vacancy$1416%Maintenance$1175%

Investment Breakdown

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Purchase Price

$639k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$128k

Closing costs

1%

$6,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,342

Total Expenses

$5,031

Mortgage P&I

135%

$3,163

Property Taxes

19%

$435

Home Insurance

10%

$224

HOA

26%

$600

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$141

Maintenance

5%

$117

Other

0%

$0

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