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1553 Mitchell Avenue #3, Blaine, WA 98230

3 beds • 3 baths • 2511 sqft

$1,459,000

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This property looks like a bad Long-Term investment with a projected -22.48% first-year return on $306k initial cash invested.

-22.48%

Cash On Cash

1.34%

Cap Rate

0.23

DSCR

$3,080

Rent

-$5,739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1459k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$306k

Downpayment

20%

$292k

Closing costs

1%

$14,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,080

Total Expenses

$8,819

Mortgage P&I

234%

$7,219

Property Taxes

9%

$288

Home Insurance

17%

$511

HOA

0%

$0

Property Management

10%

$308

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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