REI Lense

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$2,124 (target)

30406 H Street, Ocean Park, WA 98640

3 beds • 2 baths • 1316 sqft

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This property looks like a bad Long-Term investment with a projected -12.51% first-year return on $85,050 initial cash invested.

-12.51%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,124

Rent

-$887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,124 income − $3,011 expenses = $887 out of pocket

Income$2,124Out of Pocket$887Mortgage P&I$2,01695%Property Taxes$23511%Insurance$1467%HOA$633%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,050

Downpayment

20%

$81,000

Closing costs

1%

$4,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,124

Total Expenses

$3,011

Mortgage P&I

95%

$2,016

Property Taxes

11%

$235

Home Insurance

7%

$146

HOA

3%

$63

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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