2230 Matunuck Schoolhouse Rd, Charlestown, RI 02813
3 beds • 2 baths • 1956 sqft
$864,600
View on ZillowThis property looks like a bad Mid-Term investment with a projected -12.98% first-year return on $200k initial cash invested.
-12.98%
Cash On Cash
3.75%
Cap Rate
0.58
DSCR
$4,728
Rent
-$2,158
Cashflow
Cash Flow
$4,728 income − $6,886 expenses = $2,158 out of pocket
Investment Breakdown
|
Purchase Price
$865k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$173k
Closing costs
1%
$8,646
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,728
Total Expenses
$6,886
Mortgage P&I
99%
$4,674
Property Taxes
6%
$290
Home Insurance
7%
$315
HOA
0%
$0
Property Management
12%
$567
CapEx
4%
$189
Vacancy
3%
$142
Maintenance
4%
$189
Other
11%
$520