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$3,488 (target)

504 Duck Lake Drive SE, Ocean Shores, WA 98569

3 beds • 2 baths • 1150 sqft

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This property might be a fair Mid-Term investment with a projected 8.84% first-year return on $80,454 initial cash invested.

8.84%

Cash On Cash

8.79%

Cap Rate

1.51

DSCR

$3,488

Rent

$593

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,488 income − $2,895 expenses = $593 cash flow

Income$3,488Mortgage P&I$1,44541%Property Taxes$1554%Insurance$1073%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%Cash Flow$593

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,454

Downpayment

20%

$59,480

Closing costs

1%

$2,974

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,488

Total Expenses

$2,895

Mortgage P&I

41%

$1,445

Property Taxes

4%

$155

Home Insurance

3%

$107

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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