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370 Olympic View Avenue NE, Ocean Shores, WA 98569
3 beds • 2 baths • 1632 sqft
$544,200
View on ZillowThis property looks like a bad Long-Term investment with a projected -15.07% first-year return on $114k initial cash invested.
-15.07%
Cash On Cash
3.12%
Cap Rate
0.52
DSCR
$2,290
Rent
-$1,435
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,290 income − $3,725 expenses = $1,435 out of pocket
Investment Breakdown
|
Purchase Price
$544k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$114k
Downpayment
20%
$109k
Closing costs
1%
$5,442
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,290
Total Expenses
$3,725
Mortgage P&I
120%
$2,737
Property Taxes
9%
$196
Home Insurance
9%
$198
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0