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20 Far Summit Place, Bellingham, WA 98229

4 beds • 3 baths • 3555 sqft

$1,447,400

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This property looks like a bad Airbnb investment with a projected -21.65% first-year return on $328k initial cash invested.

-21.65%

Cash On Cash

1.22%

Cap Rate

0.21

DSCR

$5,749

Rent

-$5,916

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1447k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$328k

Downpayment

20%

$289k

Closing costs

1%

$14,474

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$5,749

Total Expenses

$11,665

Mortgage P&I

125%

$7,161

Property Taxes

18%

$1,053

Home Insurance

9%

$525

HOA

3%

$167

Property Management

15%

$862

CapEx

4%

$230

Vacancy

0%

$0

Maintenance

4%

$230

Other

25%

$1,437

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