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3231 Northshore Road, Bellingham, WA 98226

3 beds • 3 baths • 2530 sqft

$2,534,800

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This property looks like a bad Airbnb investment with a projected -26.44% first-year return on $550k initial cash invested.

-26.44%

Cash On Cash

0.36%

Cap Rate

0.06

DSCR

$5,553

Rent

-$12,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$2535k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$550k

Downpayment

20%

$507k

Closing costs

1%

$25,348

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,553

Total Expenses

$17,680

Mortgage P&I

228%

$12,674

Property Taxes

25%

$1,403

Home Insurance

17%

$938

HOA

0%

$0

Property Management

15%

$833

CapEx

4%

$222

Vacancy

0%

$0

Maintenance

4%

$222

Other

25%

$1,388

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