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29603 I Street, Ocean Park, WA 98640

3 beds • 2 baths • 1296 sqft

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This property might be a fair Airbnb investment with a projected 5.34% first-year return on $78,690 initial cash invested.

5.34%

Cash On Cash

7.92%

Cap Rate

1.36

DSCR

$3,877

Rent

$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,877 income − $3,527 expenses = $350 cash flow

Income$3,877Mortgage P&I$1,40336%Property Taxes$1624%Insurance$1013%Management$58215%CapEx$1554%Maintenance$1554%Other$96925%Cash Flow$350

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,877

Total Expenses

$3,527

Mortgage P&I

36%

$1,403

Property Taxes

4%

$162

Home Insurance

3%

$101

HOA

0%

$0

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$969

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