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6 Luigi Ave, Bourne, MA 02532

3 beds • 3 baths • 2954 sqft

$1,070,800

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This property looks like a bad Airbnb investment with a projected -20.77% first-year return on $243k initial cash invested.

-20.77%

Cash On Cash

1.5%

Cap Rate

0.25

DSCR

$4,019

Rent

-$4,203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,019 income − $8,222 expenses = $4,203 out of pocket

Income$4,019Out of Pocket$4,203Mortgage P&I$5,380134%Property Taxes$52713%Insurance$38510%Management$60315%CapEx$1614%Maintenance$1614%Other$1,00525%

Investment Breakdown

|

Purchase Price

$1071k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$243k

Downpayment

20%

$214k

Closing costs

1%

$10,708

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,019

Total Expenses

$8,222

Mortgage P&I

134%

$5,380

Property Taxes

13%

$527

Home Insurance

10%

$385

HOA

0%

$0

Property Management

15%

$603

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,005

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