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1050 Ocean Shores Boulevard, Ocean Shores, WA 98569
3 beds • 2 baths • 1480 sqft
$355,300
View on ZillowThis property might be a fair Mid-Term investment with a projected 2.97% first-year return on $92,613 initial cash invested.
2.97%
Cash On Cash
7.43%
Cap Rate
1.2
DSCR
$3,606
Rent
$229
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,606 income − $3,377 expenses = $229 cash flow
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$92,613
Downpayment
20%
$71,060
Closing costs
1%
$3,553
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,606
Total Expenses
$3,377
Mortgage P&I
51%
$1,828
Property Taxes
5%
$195
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397