REI Lense

REI Lense

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$4,473 (target)

509 Northshore Drive, Bellingham, WA 98226

3 beds • 2 baths • 2038 sqft

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This property looks like a bad Mid-Term investment with a projected -14.96% first-year return on $216k initial cash invested.

-14.96%

Cash On Cash

2.73%

Cap Rate

0.46

DSCR

$4,473

Rent

-$2,692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$943k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$189k

Closing costs

1%

$9,426

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,473

Total Expenses

$7,165

Mortgage P&I

104%

$4,656

Property Taxes

15%

$650

Home Insurance

8%

$338

HOA

0%

$0

Property Management

12%

$537

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$492

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