REI Lense

REI Lense

Unlock all features! Tap here to upgrade

509 Northshore Drive, Bellingham, WA 98226

3 beds • 2 baths • 2038 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.53% first-year return on $216k initial cash invested.

-20.53%

Cash On Cash

1.42%

Cap Rate

0.24

DSCR

$3,749

Rent

-$3,694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

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

$3,749

Total Expenses

$7,443

Mortgage P&I

124%

$4,656

Property Taxes

17%

$650

Home Insurance

9%

$338

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$937

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis