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3559 Biz Point Road, Anacortes, WA 98221

3 beds • 3 baths • 2928 sqft

$2,416,600

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This property looks like a bad Airbnb investment with a projected -28.05% first-year return on $525k initial cash invested.

-28.05%

Cash On Cash

0.03%

Cap Rate

0

DSCR

$4,842

Rent

-$12,282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,842 income − $17,124 expenses = $12,282 out of pocket

Income$4,842Out of Pocket$12,282Mortgage P&I$12,141251%Property Taxes$1,60133%Insurance$90819%HOA$1503%Management$72615%CapEx$1944%Maintenance$1944%Other$1,21025%

Investment Breakdown

|

Purchase Price

$2417k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$525k

Downpayment

20%

$483k

Closing costs

1%

$24,166

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,842

Total Expenses

$17,124

Mortgage P&I

251%

$12,141

Property Taxes

33%

$1,601

Home Insurance

19%

$908

HOA

3%

$150

Property Management

15%

$726

CapEx

4%

$194

Vacancy

0%

$0

Maintenance

4%

$194

Other

25%

$1,210

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