REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2517 Peabody Street, Bellingham, WA 98225

4 beds • 1 baths • 1290 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.78% first-year return on $119k initial cash invested.

-8.78%

Cash On Cash

4.3%

Cap Rate

0.74

DSCR

$2,890

Rent

-$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$566k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,890

Total Expenses

$3,760

Mortgage P&I

95%

$2,754

Property Taxes

2%

$52

Home Insurance

7%

$204

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

3008 Meridian St, Bellingham, WA 98225

$2,100

4

1

1440

0.4 mi

1510 Grant St, Bellingham, WA 98225

$3,660

4

1

1170

1.2 mi

610 Irving St, Bellingham, WA 98225

$3,250

4

1

1597

0.5 mi

2006 J St, Bellingham, WA 98225

$2,495

4

1

0.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis