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3410 NW Oceania Dr, Waldport, OR 97394

3 beds • 2 baths • 2537 sqft

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This property looks like a bad Airbnb investment with a projected -16.31% first-year return on $198k initial cash invested.

-16.31%

Cash On Cash

2.66%

Cap Rate

0.43

DSCR

$5,166

Rent

-$2,687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,166 income − $7,853 expenses = $2,687 out of pocket

Income$5,166Out of Pocket$2,687Mortgage P&I$4,37485%Property Taxes$66213%Insurance$3156%HOA$21Management$77515%CapEx$2074%Maintenance$2074%Other$1,29225%

Investment Breakdown

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Purchase Price

$856k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$171k

Closing costs

1%

$8,559

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,166

Total Expenses

$7,853

Mortgage P&I

85%

$4,374

Property Taxes

13%

$662

Home Insurance

6%

$315

HOA

0%

$21

Property Management

15%

$775

CapEx

4%

$207

Vacancy

0%

$0

Maintenance

4%

$207

Other

25%

$1,292

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