REI Lense

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$4,310 (target)

511 E Chance A La Mer NE, Ocean Shores, WA 98569

3 beds • 3 baths • 2825 sqft

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This property looks like a bad Mid-Term investment with a projected -6.33% first-year return on $150k initial cash invested.

-6.33%

Cash On Cash

4.73%

Cap Rate

0.8

DSCR

$4,310

Rent

-$790

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,310 income − $5,100 expenses = $790 out of pocket

Income$4,310Out of Pocket$790Mortgage P&I$3,09072%Property Taxes$3187%Insurance$2285%Management$51712%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47411%

Investment Breakdown

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Purchase Price

$628k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,277

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,310

Total Expenses

$5,100

Mortgage P&I

72%

$3,090

Property Taxes

7%

$318

Home Insurance

5%

$228

HOA

0%

$0

Property Management

12%

$517

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$474

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