REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,873 (target)

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

3 beds • 3 baths • 2825 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.75% first-year return on $132k initial cash invested.

-13.75%

Cash On Cash

3.3%

Cap Rate

0.56

DSCR

$2,873

Rent

-$1,510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,873 income − $4,383 expenses = $1,510 out of pocket

Income$2,873Out of Pocket$1,510Mortgage P&I$3,090108%Property Taxes$31811%Insurance$2288%Management$28710%CapEx$1445%Vacancy$1726%Maintenance$1445%

Investment Breakdown

|

Purchase Price

$628k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$126k

Closing costs

1%

$6,277

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,873

Total Expenses

$4,383

Mortgage P&I

108%

$3,090

Property Taxes

11%

$318

Home Insurance

8%

$228

HOA

0%

$0

Property Management

10%

$287

CapEx

5%

$144

Vacancy

6%

$172

Maintenance

5%

$144

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis