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2 Wamasquid Pl, Nantucket, MA 02554

3 beds • 2 baths • 1966 sqft

$6,000,000

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This property looks like a bad Airbnb investment with a projected -27.53% first-year return on $1278k initial cash invested.

-27.53%

Cash On Cash

0.19%

Cap Rate

0.03

DSCR

$6,579

Rent

-$29,316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,579 income − $35,895 expenses = $29,316 out of pocket

Income$6,579Out of Pocket$29,316Mortgage P&I$30,024456%Property Taxes$6139%Insurance$2,10032%Management$98715%CapEx$2634%Maintenance$2634%Other$1,64525%

Investment Breakdown

|

Purchase Price

$6000k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$1278k

Downpayment

20%

$1200k

Closing costs

1%

$60,000

Rehab

0%

$0

Furnishing

0%

$18,000

Cashflow

Total Income

$6,579

Total Expenses

$35,895

Mortgage P&I

456%

$30,024

Property Taxes

9%

$613

Home Insurance

32%

$2,100

HOA

0%

$0

Property Management

15%

$987

CapEx

4%

$263

Vacancy

0%

$0

Maintenance

4%

$263

Other

25%

$1,645

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