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4489 Hannegan Road, Bellingham, WA 98226

2 beds • 1 baths • 1065 sqft

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This property looks like a bad Airbnb investment with a projected -24.43% first-year return on $165k initial cash invested.

-24.43%

Cash On Cash

0.54%

Cap Rate

0.09

DSCR

$1,883

Rent

-$3,366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$730k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$146k

Closing costs

1%

$7,301

Rehab

0%

$0

Furnishing

2%

$12,000

Cashflow

Total Income

$1,883

Total Expenses

$5,249

Mortgage P&I

192%

$3,621

Property Taxes

28%

$534

Home Insurance

10%

$191

HOA

0%

$0

Property Management

15%

$282

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$471

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Comparable Property

Rent

ADR

Beds

Baths

Distance

30 Day+ Close to Mt Baker, No Cleaning Fee!

$1,186

$78

1

1

1.05 mi

Bright basement private guest suite in Bellingham

$1,490

$98

3

1

1.12 mi

Mt. Baker to Bellingham Bay Vacation Home

$1,582

$104

1

1

1.34 mi

Private apartment, convenient and cozy.

$1,475

$97

1

1

1.49 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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