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$1,945 (target)

854 Texmar Avenue SW, Ocean Shores, WA 98569

3 beds • 3 baths • 2090 sqft

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This property looks like a bad Long-Term investment with a projected -19.84% first-year return on $125k initial cash invested.

-19.84%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$1,945

Rent

-$2,066

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,945 income − $4,011 expenses = $2,066 out of pocket

Income$1,945Out of Pocket$2,066Mortgage P&I$2,969153%Property Taxes$32917%Insurance$20811%Management$19410%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

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Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,945

Total Expenses

$4,011

Mortgage P&I

153%

$2,969

Property Taxes

17%

$329

Home Insurance

11%

$208

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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