REI Lense

REI Lense

Unlock all features! Tap here to upgrade

137 Canal Drive NE, Ocean Shores, WA 98569

3 beds • 2 baths • 1535 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.59% first-year return on $107k initial cash invested.

-15.59%

Cash On Cash

2.26%

Cap Rate

0.38

DSCR

$2,127

Rent

-$1,393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,127 income − $3,520 expenses = $1,393 out of pocket

Income$2,127Out of Pocket$1,393Mortgage P&I$2,11099%Property Taxes$24011%Insurance$1497%Management$31915%CapEx$854%Maintenance$854%Other$53225%

Investment Breakdown

|

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

$2,127

Total Expenses

$3,520

Mortgage P&I

99%

$2,110

Property Taxes

11%

$240

Home Insurance

7%

$149

HOA

0%

$0

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis