REI Lense

REI Lense

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$2,335 (target)

21428 Birch Place, Ocean Park, WA 98640

3 beds • 2 baths • 1575 sqft

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This property looks like a bad Long-Term investment with a projected -12.5% first-year return on $96,285 initial cash invested.

-12.5%

Cash On Cash

3.81%

Cap Rate

0.62

DSCR

$2,335

Rent

-$1,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,335 income − $3,338 expenses = $1,003 out of pocket

Income$2,335Out of Pocket$1,003Mortgage P&I$2,341100%Property Taxes$2009%Insurance$1667%HOA$231%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,285

Downpayment

20%

$91,700

Closing costs

1%

$4,585

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,335

Total Expenses

$3,338

Mortgage P&I

100%

$2,341

Property Taxes

9%

$200

Home Insurance

7%

$166

HOA

1%

$23

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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