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$4,850 (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 Long-Term investment with a projected -22.6% first-year return on $381k initial cash invested.

-22.6%

Cash On Cash

1.86%

Cap Rate

0.29

DSCR

$4,850

Rent

-$7,172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,850 income − $12,022 expenses = $7,172 out of pocket

Income$4,850Out of Pocket$7,172Mortgage P&I$9,740201%Property Taxes$3116%Insurance$67414%HOA$371%Management$48510%CapEx$2425%Vacancy$2916%Maintenance$2425%

Investment Breakdown

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Purchase Price

$1814k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$381k

Downpayment

20%

$363k

Closing costs

1%

$18,135

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,850

Total Expenses

$12,022

Mortgage P&I

201%

$9,740

Property Taxes

6%

$311

Home Insurance

14%

$674

HOA

1%

$37

Property Management

10%

$485

CapEx

5%

$242

Vacancy

6%

$291

Maintenance

5%

$242

Other

0%

$0

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