REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,658 (target)

409 Snahapish Avenue SE, Ocean Shores, WA 98569

3 beds • 2 baths • 1635 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.55% first-year return on $114k initial cash invested.

-3.55%

Cash On Cash

5.64%

Cap Rate

0.92

DSCR

$3,658

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,658 income − $3,996 expenses = $338 out of pocket

Income$3,658Out of Pocket$338Mortgage P&I$2,34964%Property Taxes$2256%Insurance$1614%HOA$18Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%

Investment Breakdown

|

Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,800

Closing costs

1%

$4,590

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,658

Total Expenses

$3,996

Mortgage P&I

64%

$2,349

Property Taxes

6%

$225

Home Insurance

4%

$161

HOA

0%

$18

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis