REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,022 (target)

243 Octopus Avenue NE, Ocean Shores, WA 98569

3 beds • 2 baths • 1300 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.15% first-year return on $99,585 initial cash invested.

-3.15%

Cash On Cash

5.54%

Cap Rate

0.93

DSCR

$3,022

Rent

-$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,022 income − $3,283 expenses = $261 out of pocket

Income$3,022Out of Pocket$261Mortgage P&I$1,93364%Property Taxes$1826%Insurance$1405%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,585

Downpayment

20%

$77,700

Closing costs

1%

$3,885

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,022

Total Expenses

$3,283

Mortgage P&I

64%

$1,933

Property Taxes

6%

$182

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis