Compare Listings

Cribline Washington House Pick of the Week – Stunner in Trinidad, Almost Live for Free

Cribline Washington House Pick of the Week – Stunner in Trinidad, Almost Live for Free

Check out this newly renovated corner unit with four bedrooms, three & half bathrooms located at 1108 ORREN St NE.

This home features beautiful bamboo floors, a large chef’s kitchen with S/S appliances, high ceilings, a lot of natural light, and t finished lower level unit with front and rear entry perfect for Airnbn.

Other features include built-in speakers, steam sauna/shower w/ body jets, and bluetooth speaker LED lights in bedrooms, 2 decks and a back yard for entertaining.

It’s just on the market for $859,900.  See how much this would cost in the Cribline Math analysis below.

DC9600977_1 DC9600977_2_0 DC9600977_3_0 DC9600977_5_0 DC9600977_9_0 DC9600977_10_0 DC9600977_11_0 DC9600977_12_0 DC9600977_14_0 DC9600977_15_0 DC9600977_17_0 DC9600977_19_0 DC9600977_21_0 DC9600977_24_0 DC9600977_25_0 DC9600977_27_0 DC9600977_28_0

C

With 20 percent down on $859,900 of about $172,000, the mortgage would be about $688,000.  At an estimated 3.71 percent interest rate fixed for 30 years, the gross payment would be about $3,887 per month.  If the basement was rented on Airbnb for an average of $130 per night for 22 nights a month that would total $2,860 per month reducing the gross mortgage payment to about $1,000 a month.  After tax deductions, the final payment would be about $700 per month.

Happy house hunting!

Related posts

Georgian Mansion in Spokane May Have Washington DC Twin

Rounding out the Cribline Team's Summer Travel Series in the Pacific Northwest, check out this...

Continue reading

Truxton Circle Studio, Most Affordable House Pick

Check out the Cribline Most Affordable House Pick of the Week, a Truxton Circle Studio...

Continue reading

Price Improvement – 1707 Allison St NW

Check out the Cribline Price Improvement of the Week, located at 1707 Allison St NW in...

Continue reading

Join The Discussion