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$7,695 (target)

11 Powder Hill Rd, Methuen, MA 01844

3 beds • 2 baths • 1676 sqft

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This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $155k initial cash invested.

6.84%

Cash On Cash

8.59%

Cap Rate

1.34

DSCR

$7,695

Rent

$883

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,695 income − $6,812 expenses = $883 cash flow

Income$7,695Mortgage P&I$3,47945%Property Taxes$4896%Insurance$2283%Management$92312%CapEx$3084%Vacancy$2313%Maintenance$3084%Other$84611%Cash Flow$883

Investment Breakdown

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Purchase Price

$652k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$130k

Closing costs

1%

$6,521

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,695

Total Expenses

$6,812

Mortgage P&I

45%

$3,479

Property Taxes

6%

$489

Home Insurance

3%

$228

HOA

0%

$0

Property Management

12%

$923

CapEx

4%

$308

Vacancy

3%

$231

Maintenance

4%

$308

Other

11%

$846

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