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$7,184 (target)

129 Summer St, Andover, MA 01810

3 beds • 3 baths • 2486 sqft

$1,378,600

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This property looks like a bad Mid-Term investment with a projected -17.09% first-year return on $308k initial cash invested.

-17.09%

Cash On Cash

2.88%

Cap Rate

0.45

DSCR

$7,184

Rent

-$4,379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,184 income − $11,563 expenses = $4,379 out of pocket

Income$7,184Out of Pocket$4,379Mortgage P&I$7,404103%Property Taxes$1,22917%Insurance$4887%Management$86212%CapEx$2874%Vacancy$2163%Maintenance$2874%Other$79011%

Investment Breakdown

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Purchase Price

$1379k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$308k

Downpayment

20%

$276k

Closing costs

1%

$13,786

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,184

Total Expenses

$11,563

Mortgage P&I

103%

$7,404

Property Taxes

17%

$1,229

Home Insurance

7%

$488

HOA

0%

$0

Property Management

12%

$862

CapEx

4%

$287

Vacancy

3%

$216

Maintenance

4%

$287

Other

11%

$790

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