REI Lense

REI Lense

Unlock all features! Tap here to upgrade

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

3 beds • 3 baths • 2825 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.84% first-year return on $150k initial cash invested.

-15.84%

Cash On Cash

2.37%

Cap Rate

0.4

DSCR

$3,189

Rent

-$1,978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,189 income − $5,167 expenses = $1,978 out of pocket

Income$3,189Out of Pocket$1,978Mortgage P&I$3,09097%Property Taxes$31810%Insurance$2287%Management$47815%CapEx$1284%Maintenance$1284%Other$79725%

Investment Breakdown

|

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

$3,189

Total Expenses

$5,167

Mortgage P&I

97%

$3,090

Property Taxes

10%

$318

Home Insurance

7%

$228

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$797

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis