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$3,862 (target)

137 Canal Drive NE, Ocean Shores, WA 98569

3 beds • 2 baths • 1535 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $107k initial cash invested.

0.57%

Cash On Cash

6.54%

Cap Rate

1.1

DSCR

$3,862

Rent

$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,862 income − $3,811 expenses = $51 cash flow

Income$3,862Mortgage P&I$2,11055%Property Taxes$2406%Insurance$1494%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$51

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$3,811

Mortgage P&I

55%

$2,110

Property Taxes

6%

$240

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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