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$4,789 (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 Long-Term investment with a projected -23.11% first-year return on $290k initial cash invested.

-23.11%

Cash On Cash

1.8%

Cap Rate

0.28

DSCR

$4,789

Rent

-$5,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,789 income − $10,365 expenses = $5,576 out of pocket

Income$4,789Out of Pocket$5,576Mortgage P&I$7,404155%Property Taxes$1,22926%Insurance$48810%Management$47910%CapEx$2395%Vacancy$2876%Maintenance$2395%

Investment Breakdown

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Purchase Price

$1379k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$290k

Downpayment

20%

$276k

Closing costs

1%

$13,786

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,789

Total Expenses

$10,365

Mortgage P&I

155%

$7,404

Property Taxes

26%

$1,229

Home Insurance

10%

$488

HOA

0%

$0

Property Management

10%

$479

CapEx

5%

$239

Vacancy

6%

$287

Maintenance

5%

$239

Other

0%

$0

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