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3960 Hoff Road, Bellingham, WA 98225

3 beds • 3 baths • 3623 sqft

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This property looks like a bad Airbnb investment with a projected -4% first-year return on $156k initial cash invested.

-4%

Cash On Cash

5.42%

Cap Rate

0.91

DSCR

$5,849

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,849 income − $6,367 expenses = $518 out of pocket

Income$5,849Out of Pocket$518Mortgage P&I$3,24355%Property Taxes$811%Insurance$2364%Management$87715%CapEx$2344%Maintenance$2344%Other$1,46225%

Investment Breakdown

|

Purchase Price

$655k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,550

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,849

Total Expenses

$6,367

Mortgage P&I

55%

$3,243

Property Taxes

1%

$81

Home Insurance

4%

$236

HOA

0%

$0

Property Management

15%

$877

CapEx

4%

$234

Vacancy

0%

$0

Maintenance

4%

$234

Other

25%

$1,462

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