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1050 Ocean Shores Boulevard, Ocean Shores, WA 98569
3 beds • 2 baths • 1480 sqft
$355,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -5.97% first-year return on $74,613 initial cash invested.
-5.97%
Cash On Cash
5.33%
Cap Rate
0.86
DSCR
$2,404
Rent
-$371
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,404 income − $2,775 expenses = $371 out of pocket
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,613
Downpayment
20%
$71,060
Closing costs
1%
$3,553
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,404
Total Expenses
$2,775
Mortgage P&I
76%
$1,828
Property Taxes
8%
$195
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0