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BNBCalc Short Term Rental Rental Arbitrage Analysis 621 Southeast 168th Avenue, Vancouver, Washington 98684, United States

2 bed • 2 bath • 4 guests • $0

BNB

Calc

Annual Revenue

$34,567

Profit (Cash Flow)

-$3,827

Cash on Cash Return

-45.2%

Annual Revenue

$34,567

AirDNA projects $182/night at 52% occupancy ($34,566).

BNB Calc projects a 52% occupancy rate, $182 rate per night.

Revenue Percentile (property's earnings compare to others in the market}


Return Metrics

-45.15% cash on cash return is a poor return over the next 1 year

Cashflow Over Time

Y1Y2Y3Y4Y5Y10Y30
Profit (Cummulative)-$3,826-$7,653-$11,480-$15,307-$19,134-$38,269-$114,809
Revenue Appreciation$0$0$0$0$0$0$0
Home Equity$0$0$0$0$0$0$0
Down Payment$0$0$0$0$0$0$0
Property Appreciation$0$0$0$0$0$0$0
Total Return-$3,826-$7,653-$11,480-$15,307-$19,134-$38,269-$114,809

Property Appreciation:

3%

Revenue Appreciation:

0%

Cash on Cash Return

-45.15%

Payback Period Days

0

Return on Investment

-45.15%

property-location

621 SE 168th Ave Vancouver, Washington, 98684

2 bed • 2 bath • 4 guests

Agent

Inquire about this property

Contact Agent

$2,695

Zestimate

Vancouver

Guide

Zoning

Guide


Laws

$34,567

Annual Revenue


Projected nightly rate is $182/night at 52% occupancy.

Top 101% of comparables

Top 101% of comparables


-$3,827

Profit

Revenue

$34,567

Operating Expenses

$15,894

Operating Income

$18,673

Net Effective Rent

$22,500

Profit (Cash Flow)

-$3,827

$8,475

Cash Investment

Renos & Furnishing

$6,500

Setup Costs

$1,975

Total

$8,475

Investment Value Over Time

Revenue Appreciation

0%

Cash on Cash Return

-45.15%

Payback Period Days

0

Property Overview

View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.

Lot size:

253,955 sqft

Year built:

1999

Size:

123,682 sqft

Type:

MFR

Parking:

-

Heating:

BASEBOARD

Sold Comparables

AddressBedsBathsSquare Feet$/SqFtLot SizeYear BuiltLast SaleDays on Market
300 Se 184th Ave Apt 541103,441-251,3412018$0-
15813 Se 1st St # 2442,624-7,9311976$550,000-
301 Se 177th Ave Apt 2122136,426-291,4162013$0-
312 Se 159th Ave421,600-8,2731974$480,00039
16110 Se 4th St442,160-8,3741975$515,000-
16207 Se 4th St442,104-7,9891973$497,000-
16203 Se 4th St442,104-7,9391973$589,00062
15817 Se 1st St854,128-10,4541973$740,500119
919 Se 153rd Ave662,749-9,4801995$493,000-
1000 Se 160th Ave Apt 6--301,864-415,9981989$0-

Property Details

  • MLS Status: N/A
  • Property Use: Apartments (Generic)
  • Stories: 1
  • Lot size: 253,955 sqft
  • Building area: 123,682 sqft
  • Garage: No
  • Heating: Baseboard
  • Pool: No
  • Fireplaces: 0
  • Basement: Yes
  • Cooling: -
  • View: -
  • Parking: -
  • Amenities: -
  • Price per square foot: -

Lot Info

  • Zoning: R-18 : VAN
  • Land Use: Residential
  • Parcel Number: 115050-264
  • Flood Zone: Yes, Zone AREA OF MINIMAL FLOOD HAZARD

Tax Info

  • Year Assessed: 2023
  • Assessed Value: $21,647,600
  • County Est. Land Value: $2,334,047
  • Assessed Land Value: $2,334,047
  • County Est. Structure Value: $19,313,553
  • Market Estimate: $18,265,194


Sale history

DateSale Price% FinancedBuyer
Invalid Date$86,0000%Millennium Park Llc

Ownership

  • Name: Millennium Park Llc
  • Owner Occupied: No
  • Owner Mailing Address: 2677 Willakenzie Rd Ste 3, Eugene, Or 97401
  • Years Owned: 0
  • Home Equity: -
  • Mortgage Balance Remaining: $9,400,000
  • Financed amount: -
  • Owner Type: Investor
  • Lien: No
  • Inherited: No
  • Foreclosure: No