REI Lense

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$2,325 (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 Long-Term investment with a projected 0.27% first-year return on $62,454 initial cash invested.

0.27%

Cash On Cash

6.36%

Cap Rate

1.09

DSCR

$2,325

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,311 expenses = $14 cash flow

Income$2,325Mortgage P&I$1,44562%Property Taxes$1557%Insurance$1075%Management$23210%CapEx$1165%Vacancy$1406%Maintenance$1165%Cash Flow$14

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,454

Downpayment

20%

$59,480

Closing costs

1%

$2,974

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,325

Total Expenses

$2,311

Mortgage P&I

62%

$1,445

Property Taxes

7%

$155

Home Insurance

5%

$107

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

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