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$5,063 (target)

171 Upper Main St, Edgartown, MA 02539

3 beds • 2 baths • 1598 sqft

$1,850,000

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This property looks like a bad Long-Term investment with a projected -19.6% first-year return on $389k initial cash invested.

-19.6%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$5,063

Rent

-$6,345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,063 income − $11,408 expenses = $6,345 out of pocket

Income$5,063Out of Pocket$6,345Mortgage P&I$9,257183%Property Taxes$1874%Insurance$64813%Management$50610%CapEx$2535%Vacancy$3046%Maintenance$2535%

Investment Breakdown

|

Purchase Price

$1850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$389k

Downpayment

20%

$370k

Closing costs

1%

$18,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,063

Total Expenses

$11,408

Mortgage P&I

183%

$9,257

Property Taxes

4%

$187

Home Insurance

13%

$648

HOA

0%

$0

Property Management

10%

$506

CapEx

5%

$253

Vacancy

6%

$304

Maintenance

5%

$253

Other

0%

$0

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