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DC House Pick of the Week – Live for Free in Renovated 5 Bedroom Steps to Capitol Hill Whole Foods

DC House Pick of the Week – Live for Free in Renovated 5 Bedroom Steps to Capitol Hill Whole Foods

Check out this renovated 5 bedroom that will be steps to the Whole Foods on Capitol Hill located at 726 8TH St NE.

The main house (about 3,200 sf) features 3 BD, 2.5 BA w/ roofdeck, panoramic views of the Washington Monument.  There is an open floorplan  living space w/ open floorplan and fireplace. Lower unit is 2 BD, 2.5 BA perfect for rental or Airbnb.

This home is just 2 blocks to forthcoming Whole Foods.

It’s just on the market for $1,075,000.  See how much this would cost in the Cribline Math analysis below.

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Cribline Math analysis:

With 20 percent down on $1,075,000 of $215,000, the mortgage would be $860,000.  At an estimated interest rate of 3.65 percent fixed for 30 years, the gross payment would be about $4,830 per month.  If the 2 bedroom unit was rented on Airbnb at $200 a night with an average 25 nights a month, that would bring in revenue of $5,000 a month exceeding the gross mortgage payment. 

Happy house hunting!

 

 

 

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Interior (General) -
Interior (General) –

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Exterior (Front) -
Exterior (Front) –

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