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74 N Point Drive, Bellingham, WA 98229

3 beds • 2 baths • 1497 sqft

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This property looks like a bad Mid-Term investment with a projected -5.14% first-year return on $128k initial cash invested.

-5.14%

Cash On Cash

5.08%

Cap Rate

0.85

DSCR

$4,208

Rent

-$549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$524k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,241

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,208

Total Expenses

$4,757

Mortgage P&I

62%

$2,599

Property Taxes

9%

$375

Home Insurance

4%

$186

HOA

4%

$167

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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