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$8,662 (target)

8 Seikinnow Pl, Nantucket, MA 02554

3 beds • 3 baths • 2390 sqft

$3,312,900

View on Zillow
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This property looks like a bad Mid-Term investment with a projected -24.57% first-year return on $714k initial cash invested.

-24.57%

Cash On Cash

1.57%

Cap Rate

0.23

DSCR

$8,662

Rent

-$14,613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,662 income − $23,275 expenses = $14,613 out of pocket

Income$8,662Out of Pocket$14,613Mortgage P&I$18,599215%Property Taxes$5096%Insurance$1,22314%Management$1,03912%CapEx$3464%Vacancy$2603%Maintenance$3464%Other$95311%

Investment Breakdown

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Purchase Price

$3313k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$714k

Downpayment

20%

$663k

Closing costs

1%

$33,129

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,662

Total Expenses

$23,275

Mortgage P&I

215%

$18,599

Property Taxes

6%

$509

Home Insurance

14%

$1,223

HOA

0%

$0

Property Management

12%

$1,039

CapEx

4%

$346

Vacancy

3%

$260

Maintenance

4%

$346

Other

11%

$953

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