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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 -16.86% first-year return on $198k initial cash invested.

-16.86%

Cash On Cash

2.52%

Cap Rate

0.41

DSCR

$4,988

Rent

-$2,779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,988 income − $7,767 expenses = $2,779 out of pocket

Income$4,988Out of Pocket$2,779Mortgage P&I$4,37488%Property Taxes$66213%Insurance$3156%HOA$21Management$74815%CapEx$2004%Maintenance$2004%Other$1,24725%

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

$4,988

Total Expenses

$7,767

Mortgage P&I

88%

$4,374

Property Taxes

13%

$662

Home Insurance

6%

$315

HOA

0%

$21

Property Management

15%

$748

CapEx

4%

$200

Vacancy

0%

$0

Maintenance

4%

$200

Other

25%

$1,247

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