REI Lense

REI Lense

Unlock all features! Tap here to upgrade

28 Strawberry Point Road, Bellingham, WA 98229

3 beds • 3 baths • 2442 sqft

$1,347,100

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -23.08% first-year return on $301k initial cash invested.

-23.08%

Cash On Cash

1%

Cap Rate

0.17

DSCR

$4,207

Rent

-$5,788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,207 income − $9,995 expenses = $5,788 out of pocket

Income$4,207Out of Pocket$5,788Mortgage P&I$6,740160%Property Taxes$74618%Insurance$49012%Management$63115%CapEx$1684%Maintenance$1684%Other$1,05225%

Investment Breakdown

|

Purchase Price

$1347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$301k

Downpayment

20%

$269k

Closing costs

1%

$13,471

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,207

Total Expenses

$9,995

Mortgage P&I

160%

$6,740

Property Taxes

18%

$746

Home Insurance

12%

$490

HOA

0%

$0

Property Management

15%

$631

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,052

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis