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$7,275 (target)

4 Cormorant Cir, Edgartown, MA 02539

3 beds • 2 baths • 1553 sqft

$1,813,500

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This property looks like a bad Mid-Term investment with a projected -17.93% first-year return on $399k initial cash invested.

-17.93%

Cash On Cash

2.69%

Cap Rate

0.42

DSCR

$7,275

Rent

-$5,960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,275 income − $13,235 expenses = $5,960 out of pocket

Income$7,275Out of Pocket$5,960Mortgage P&I$9,740134%Property Taxes$3114%Insurance$6749%HOA$371%Management$87312%CapEx$2914%Vacancy$2183%Maintenance$2914%Other$80011%

Investment Breakdown

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Purchase Price

$1814k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$399k

Downpayment

20%

$363k

Closing costs

1%

$18,135

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,275

Total Expenses

$13,235

Mortgage P&I

134%

$9,740

Property Taxes

4%

$311

Home Insurance

9%

$674

HOA

1%

$37

Property Management

12%

$873

CapEx

4%

$291

Vacancy

3%

$218

Maintenance

4%

$291

Other

11%

$800

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