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2808 Buena Vista Ter SE Fourplex
D+ Composite 47.91
Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +22.6/30.0
  • DSCR +7.2/10.0
  • 1% rule +4.9/10.0
  • Livability +3.7/5.0
  • Schools +3.6/10.0
  • Rent growth +3.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$799,000

2808 Buena Vista Ter SE · Washington, DC 20020
4 bd · 4.0 ba · 2,652 sqft · MultiFamily public records · 133 Days on market
Built 1943 4,500 sqft lot Est $634k · 26% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks MLS

Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

Key facts

  • Multifamily property
  • Convenient access
  • Rental income

Tags

MULTIFAMILY PROPERTYRENTAL INCOMECONVENIENT ACCESSPUBLIC TRANSPORTATIONSHOPPING AND DINING

Property features AI

Finance

  • Other: Total below-grade area 408; Above-grade finished area 2,652; Below-grade finished area 206; Below-grade unfinished area 202; Accessible features noted (other)
  • Financial info: Yearly existing leases (where applicable)

Exterior

  • Parking: On-street parking
  • Utilities: Public water; Public sewer; Natural gas service
  • Home design: Multi-unit property with 4 total units; Fee simple ownership
  • Construction: Brick construction
  • Exterior features: Above grade and below grade structures; No tidal water

Interior

  • Kitchen: Disposal; Refrigerator; Stove
  • Bedrooms: Four 3-bedroom units (multi-unit property)
  • Heating & cooling: Radiant heating; Radiator heat; Natural gas hot water
  • Interior features: Open floor plan; Galley kitchen; Basement (other)
  • Laundry & utility: Stacked washer/dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4 × 3-bed/1.0-bath units multifamily listed at $799k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive. Per door: $340/mo.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $789k (1.2% below list).
  • Recommended offer: $703k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.3% vs local median 2.5% in Washington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 73/100 on livability (#1 in DC) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
  • District Of Columbia Public Schools (urban): math 33% / reading 40% proficiency, ranked #8 of 32 in DC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+3.9%/yr); 296 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,737 units permitted in District of Columbia in 2024 (1,506 in 5+ unit buildings).
  • At $7,894/mo this rent would consume 175% of the median local household income ($54k/yr) (locally 5148% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $24k of value loss. Plan a longer hold.
  • District of Columbia County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 133 days — a 12% lower offer ($703k) is reasonable based on typical stale-listing flexibility.
  • 13 sale attempts since 31y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $268k; list at $799k implies a 198% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1943 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $703,120 (12.0% below list)

Questions for the listing agent

  1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1943 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.99%
Cap rate
8.33%
Cash-on-cash
7.29%
DSCR
1.32
GRM
8.4

CMA / ARV

ARV (on-the-fly)
$633,828
Comps found
4
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2609 29th St SE 0.21mi 4/4.0 2,520 (-5%) 5mo $430,000 $171 78
2726 Fort Baker Dr SE 0.65mi 5/— (+1) 2,572 (-3%) 4mo $623,000 $242 56
2722 Fort Baker Dr SE 0.66mi 5/— (+1) 2,572 (-3%) 14mo $550,000 $214 47
2719 Fort Baker Dr SE 0.65mi 5/3.0 (+1) 2,804 (+6%) 19mo $670,000 $239 35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.86% rent growth · sell at horizon

5-year hold
IRR
-4.3%
Equity multiple
0.84×
Total profit
$-36,346
Equity at exit
$119,133
10-year hold
IRR
6.2%
Equity multiple
1.48×
Total profit
$107,396
Equity at exit
$69,083

Cash invested: $223,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (CITY)
0 Strongly Tenant-Friendly
State District of Columbia
12 Strongly Tenant-Friendly · D+43
County
— inherits STATE
City Washington
0 Strongly Tenant-Friendly · D+43
Rent Stabilization Program; TOPA gives tenants right of first refusal.

ZIP-level market 20020

Rents YoY
3.9%
Active inventory
296
Price-to-rent
33.7×

Monthly cashflow live

Estimated rent
$7,894 high interval (Pro) →
Mortgage (P&I)
$4,190
Tax from tax record
$355 /mo · $4,259/yr
Insurance
$333
HOA
$0
Vacancy / Maint / Mgmt
$1,658
Net cashflow
$1,358

Break-even live

Break-even rent $6,175
Max offer price $799,000
Occupancy floor 78%

4-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (4 units) $7,894

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$199,750
Closing costs
$23,970
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2612 33rd St SE Washington, DC 3.0 3.0 1826 $3,529 $1.93 24d 1 0.45mi
1722 Gainesville St SE Washington, DC 4.0 2.5 2000 $3,490 $1.75 24d 1 0.64mi
3010 V Pl SE Washington, DC 4.0 3.0 2232 $3,500 $1.57 24d 1 0.64mi
2121 32nd Pl SE Unit Main Washington, DC 3.0 3.0 3100 $5,500 $1.77 22d 1 0.67mi
2390 Elvans Rd SE Washington, DC 3.0 2.5 2176 $3,190 $1.47 7d 1 0.92mi
1505 West St SE Unit 1 Washington, DC 3.0 2.5 2100 $3,300 $1.57 2d 1 1.00mi
3422 Pennsylvania Ave SE Washington, DC 5.0 2.5 2520 $5,500 $2.18 20d 1 1.06mi
1919 16th St SE Washington, DC 3.0 1.5 1920 $2,100 $1.09 24d 1 1.07mi
1433 Howard Rd SE Washington, DC 5.0 3.5 2000 $7,500 $3.75 19d 1 1.12mi
2520 Elvans Rd SE Washington, DC 3.0 2.5 2760 $3,800 $1.38 24d 1 1.18mi
1325 Valley Pl SE Washington, DC 4.0 2.0 2138 $6,500 $3.04 24d 1 1.19mi
2320 Minnesota Ave SE Washington, DC 3.0 3.5 2052 $3,150 $1.54 24d 1 1.19mi
1516 18th St SE Washington, DC 3.0 2.0 1941 $3,200 $1.65 24d 1 1.21mi
2530 Elvans Rd SE Unit B Washington, DC 5.0 3.5 2760 $7,500 $2.72 7d 1 1.23mi
1802 14th St SE Washington, DC 3.0 2.0 1800 $2,800 $1.56 24d 1 1.23mi
1205 30th St SE Washington, DC 3.0 1.0 3480 $1,750 $0.50 24d 1 1.34mi
2913 Fairlawn St Temple Hills, MD 5.0 2.0 2460 $3,500 $1.42 2d 1 1.35mi
2928 Nelson Pl SE Unit 1 Washington, DC 3.0 1.0 2720 $2,300 $0.85 24d 1 1.41mi
2322 Shannon Pl SE Washington, DC 3.0 3.5 1800 $2,800 $1.56 24d 1 1.42mi

Listing history 48 events

  1. 2026-06-18
    days on market $799,000 Active 133 DOM
  2. 2026-06-17
    days on market $799,000 Active 132 DOM
  3. 2026-06-16
    days on market $799,000 Active 131 DOM
  4. 2026-06-15
    days on market $799,000 Active 130 DOM
  5. 2026-06-13
    days on market $799,000 Active 128 DOM
  6. 2026-06-09
    days on market $799,000 Active 124 DOM
  7. 2026-06-08
    days on market $799,000 Active 123 DOM
  8. 2026-06-07
    days on market $799,000 Active 122 DOM
  9. 2026-06-04
    days on market $799,000 Active 119 DOM
  10. 2026-06-03
    days on market $799,000 Active 118 DOM
  11. 2026-06-02
    days on market $799,000 Active 117 DOM
  12. 2026-06-01
    days on market $799,000 Active 116 DOM
  13. 2026-05-31
    days on market $799,000 Active 115 DOM
  14. 2026-02-20
    status Active
  15. 2026-02-12
    historical Active Under Contract
  16. 2026-01-28
    listed $799,000 Active
  17. 2013-07-15
    soldstatus $267,900
  18. 2013-06-27
    historical 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  19. 2013-06-26
    soldstatus $267,900 Sold 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  20. 2013-06-26
    soldstatus $267,900 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  21. 2013-05-31
    status Contract 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  22. 2013-05-29
    historical 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  23. 2013-05-22
    listed $267,900 Active 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  24. 2013-05-22
    listed $267,900 134-char remark
    Show marketing remark (134 chars)

    Investor's Special! Wont last!! Cash/ Conv financing only. Fixer upper, need work. SOLD -AS- IS. .. Seller request to use NEXUS TITLE.

  25. 2010-05-11
    historical Temporarily Off-Market
  26. 2010-05-11
    historical
  27. 2010-05-03
    price
  28. 2010-04-07
    status Active
  29. 2010-04-01
    historical
  30. 2009-10-18
    price
  31. 2009-09-15
    listed Active
  32. 2009-09-15
    listed $300,000
  33. 2009-09-09
    historical
  34. 2009-09-09
    historical
  35. 2009-08-19
    price
  36. 2009-07-24
    status Active
  37. 2009-07-16
    historical
  38. 2009-04-22
    status
  39. 2009-04-22
    historical
  40. 2009-04-21
    price
  41. 2009-04-21
    status
  42. 2009-04-16
    historical
  43. 2009-01-13
    listed
  44. 2009-01-13
    listed $290,000
  45. 1995-09-07
    soldstatus $85,000
  46. 1995-08-31
    soldstatus $85,000
  47. 1995-07-17
    historical
  48. 1995-06-01
    listed $89,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast DC · Partial reset (capped growth)

Current annual tax
$4,259 · $355/mo
Projected year-2 tax
$4,567 · $381/mo
Expected delta
+$307/yr (+$26/mo · 7.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 4/10 Moderate 20% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$94,728
− Mortgage interest
−$44,756
− Property taxes
−$4,259
− Insurance
−$3,995
− Repairs & maintenance
−$7,578
− Management
−$7,578
− Depreciation
−$23,244
Taxable income
$3,317
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$796
After-tax cash flow
$15,504/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
District Of Columbia Public Schools
NCES district ID
1100030
Math proficiency
33% ▲ 3.00%
Reading proficiency
40% ▲ 5.00%
Median HH income
$67,671
Composite
35.84/100
National rank
#9606
State rank
#8 of 32 in DC

Livability — Washington

Score
73/100
State rank
#1
US rank
#5327

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing C Health & safety A+ User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Washington, DC
County
District of Columbia · 671,873 people
City population
671,873
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
Population (ZIP)
53,005
Household income
$54,032
Rent vs Own
69.8% rent · 30.2% own
Severe rent burden
5148.0

Population outlook (District of Columbia County) Hauer SSP2

Today (2025)
821,926 people
By 2030
899,517 · +9.4%
By 2040
1,061,162 · +29.1%
By 2050
1,231,493 · +49.8%
By 2075
1,603,312 · +95.1%
By 2100
1,847,141 · +124.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (90%)
Race & ethnicity
Black 90% Two or more races 3% Hispanic / Latino 3% White 3%
Common ancestry
Lithuanian 1%
Foreign-born
3% · Canada
Languages at home
95% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · District of Columbia

2024 margin
Solid D (+86.1) · D 91.2% · R 5.1% · Other 3.8%
2008→2024 swing
+0.1pp no change · 2008: 85.9pp · 2024: 86.1pp
All cycles
2024: D+86.1 2020: D+86.8 2016: D+88.7 2012: D+84.2 2008: D+85.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -415.44%
Current HPI
306.5068
Rent YoY
▲ 3.86%
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
State GDP YoY
▲ 1.33%
F500 in state
6

Industry mix (Fortune 500 HQ in DC)

Industry F500 HQs Revenue

Price history

+788.8% since first listed
35 events — show timeline
  • 2026-02-20 Relisted BRIGHT MLS
  • 2026-02-12 Contingent BRIGHT MLS
  • 2026-01-28 Listed $799,000 BRIGHT MLS
  • 2013-07-15 Sold (Public Records) $267,900 Public Records
  • 2013-06-27 Delisted MRIS
  • 2013-06-26 Sold (MLS) $267,900 BRIGHT MLS
  • 2013-06-26 Sold (MLS) $267,900 MRIS
  • 2013-05-31 Pending MRIS
  • 2013-05-29 Listing Removed BRIGHT MLS
  • 2013-05-22 Listed $267,900 MRIS
  • 2013-05-22 Listed $267,900 BRIGHT MLS
  • 2010-05-11 Delisted MRIS
  • 2010-05-11 Listing Removed BRIGHT MLS
  • 2010-05-03 Price Changed MRIS
  • 2010-04-07 Relisted MRIS
  • 2010-04-01 Delisted MRIS
  • 2009-10-18 Price Changed MRIS
  • 2009-09-15 Listed MRIS
  • 2009-09-15 Listed $300,000 BRIGHT MLS
  • 2009-09-09 Delisted MRIS
  • 2009-09-09 Listing Removed BRIGHT MLS
  • 2009-08-19 Price Changed MRIS
  • 2009-07-24 Relisted MRIS
  • 2009-07-16 Delisted MRIS
  • 2009-04-22 Relisted MRIS
  • 2009-04-22 Delisted MRIS
  • 2009-04-21 Relisted MRIS
  • 2009-04-21 Price Changed MRIS
  • 2009-04-16 Delisted MRIS
  • 2009-01-13 Listed MRIS
  • 2009-01-13 Listed $290,000 BRIGHT MLS
  • 1995-09-07 Sold (Public Records) $85,000 Public Records
  • 1995-08-31 Sold (MLS) $85,000 MRIS
  • 1995-07-17 Delisted MRIS
  • 1995-06-01 Listed $89,900 MRIS

Property tax history

+2.4%/yr

Latest (2025): $4,259 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…