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$3,904 (target)

244 Morgan Street, Manchester, NH 03102

3 beds • 2 baths • 1208 sqft

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This property looks like a bad Mid-Term investment with a projected -8.21% first-year return on $123k initial cash invested.

-8.21%

Cash On Cash

4.89%

Cap Rate

0.75

DSCR

$3,904

Rent

-$839

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,904 income − $4,743 expenses = $839 out of pocket

Income$3,904Out of Pocket$839Mortgage P&I$2,71570%Property Taxes$53614%Insurance$1664%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%

Investment Breakdown

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Purchase Price

$498k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,640

Closing costs

1%

$4,982

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,904

Total Expenses

$4,743

Mortgage P&I

70%

$2,715

Property Taxes

14%

$536

Home Insurance

4%

$166

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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