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$8,138 (target)

2 Winemack Street, Oak Bluffs, MA 02557

3 beds • 2 baths • 2173 sqft

$1,195,000

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This property looks like a bad Mid-Term investment with a projected -6.38% first-year return on $269k initial cash invested.

-6.38%

Cash On Cash

4.96%

Cap Rate

0.82

DSCR

$8,138

Rent

-$1,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,138 income − $9,568 expenses = $1,430 out of pocket

Income$8,138Out of Pocket$1,430Mortgage P&I$6,04174%Property Taxes$3414%Insurance$4185%Management$97712%CapEx$3264%Vacancy$2443%Maintenance$3264%Other$89511%

Investment Breakdown

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Purchase Price

$1195k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$269k

Downpayment

20%

$239k

Closing costs

1%

$11,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,138

Total Expenses

$9,568

Mortgage P&I

74%

$6,041

Property Taxes

4%

$341

Home Insurance

5%

$418

HOA

0%

$0

Property Management

12%

$977

CapEx

4%

$326

Vacancy

3%

$244

Maintenance

4%

$326

Other

11%

$895

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