REI Lense

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$3,176 (target)

15 Academy Ave, Haverhill, MA 01835

3 beds • 3 baths • 1956 sqft

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This property looks like a bad Long-Term investment with a projected -5.52% first-year return on $91,329 initial cash invested.

-5.52%

Cash On Cash

5.25%

Cap Rate

0.88

DSCR

$3,176

Rent

-$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $3,596 expenses = $420 out of pocket

Income$3,176Out of Pocket$420Mortgage P&I$2,16568%Property Taxes$45214%Insurance$1525%Management$31810%CapEx$1595%Vacancy$1916%Maintenance$1595%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,176

Total Expenses

$3,596

Mortgage P&I

68%

$2,165

Property Taxes

14%

$452

Home Insurance

5%

$152

HOA

0%

$0

Property Management

10%

$318

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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