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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 -27.52% first-year return on $525k initial cash invested.

-27.52%

Cash On Cash

0.15%

Cap Rate

0.03

DSCR

$5,292

Rent

-$12,049

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,292 income − $17,341 expenses = $12,049 out of pocket

Income$5,292Out of Pocket$12,049Mortgage P&I$12,141229%Property Taxes$1,60130%Insurance$90817%HOA$1503%Management$79415%CapEx$2124%Maintenance$2124%Other$1,32325%

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

$5,292

Total Expenses

$17,341

Mortgage P&I

229%

$12,141

Property Taxes

30%

$1,601

Home Insurance

17%

$908

HOA

3%

$150

Property Management

15%

$794

CapEx

4%

$212

Vacancy

0%

$0

Maintenance

4%

$212

Other

25%

$1,323

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