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1213 Ocean Shores Boulevard SW, Ocean Shores, WA 98569

7 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -22.75% first-year return on $164k initial cash invested.

-22.75%

Cash On Cash

1.35%

Cap Rate

0.23

DSCR

$1,880

Rent

-$3,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$780k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$156k

Closing costs

1%

$7,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,880

Total Expenses

$4,986

Mortgage P&I

207%

$3,888

Property Taxes

18%

$336

Home Insurance

15%

$273

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

306 Point Brown Ave NE, Ocean Shores, WA 98569

$2,300

4

2

1500

3.6 mi

782 Camden Ct SW, Ocean Shores, WA 98569

$2,300

3

1.5

1346

1.4 mi

528 Puffin Ave NE, Ocean Shores, WA 98569

$1,500

2

2.5

1624

4.2 mi

325 N Wynoochee Dr SW, Ocean Shores, WA 98569

$2,400

2

2

1160

1.9 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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