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Great rental property on quiet street. Updated cape cod, features 1.5 bath, updated kitchen and bathrooms. Enclosed front porch, newer windows, furnace and hot water tank. First floor bedroom, large living room and 2 bedrooms up.

Assuming 4.5% interest, 30 year mortgage & a 25% down payment.

  • Down payment $ 14,875.00
  • Up Front costs $ 1000.00
  • Estimated Yearly Rents $ 11,100.00
  • Estimated Yearly Expenses $5,550.00
  • Yearly Debt service $ 2713.30
  • Net cash flow after expenses & debt service $2,836.70

CASH ON CASH RETURN 17.9 %

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