2230 Matunuck Schoolhouse Rd, Charlestown, RI 02813
3 beds • 2 baths • 1956 sqft
$864,600
View on ZillowThis property looks like a bad Long-Term investment with a projected -19.48% first-year return on $182k initial cash invested.
-19.48%
Cash On Cash
2.62%
Cap Rate
0.4
DSCR
$3,152
Rent
-$2,947
Cashflow
Cash Flow
$3,152 income − $6,099 expenses = $2,947 out of pocket
Investment Breakdown
|
Purchase Price
$865k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$173k
Closing costs
1%
$8,646
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,152
Total Expenses
$6,099
Mortgage P&I
148%
$4,674
Property Taxes
9%
$290
Home Insurance
10%
$315
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0