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$2,042 (target)

6 Coffin Avenue Ct, New Bedford, MA 02746

3 beds • 2 baths • 1128 sqft

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This property looks like a bad Long-Term investment with a projected -12.06% first-year return on $79,191 initial cash invested.

-12.06%

Cash On Cash

3.74%

Cap Rate

0.63

DSCR

$2,042

Rent

-$796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,042 income − $2,838 expenses = $796 out of pocket

Income$2,042Out of Pocket$796Mortgage P&I$1,86992%Property Taxes$30515%Insurance$1337%Management$20410%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,191

Downpayment

20%

$75,420

Closing costs

1%

$3,771

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,042

Total Expenses

$2,838

Mortgage P&I

92%

$1,869

Property Taxes

15%

$305

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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