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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 Airbnb investment with a projected -20.7% first-year return on $150k initial cash invested.

-20.7%

Cash On Cash

1.12%

Cap Rate

0.19

DSCR

$2,023

Rent

-$2,584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,023 income − $4,607 expenses = $2,584 out of pocket

Income$2,023Out of Pocket$2,584Mortgage P&I$3,090153%Property Taxes$31816%Insurance$22811%Management$30315%CapEx$814%Maintenance$814%Other$50625%

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

$2,023

Total Expenses

$4,607

Mortgage P&I

153%

$3,090

Property Taxes

16%

$318

Home Insurance

11%

$228

HOA

0%

$0

Property Management

15%

$303

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$506

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