This property looks like a bad Long-Term investment with a projected -25.37% first-year return on $374k initial cash invested.
-25.37%
Cash On Cash
1.16%
Cap Rate
0.18
DSCR
$4,350
Rent
-$7,904
Cashflow
Cash Flow
$4,350 income − $12,254 expenses = $7,904 out of pocket
Investment Breakdown
|
Purchase Price
$1780k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$374k
Downpayment
20%
$356k
Closing costs
1%
$17,802
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,350
Total Expenses
$12,254
Mortgage P&I
216%
$9,405
Property Taxes
25%
$1,069
Home Insurance
15%
$648
HOA
0%
$0
Property Management
10%
$435
CapEx
5%
$218
Vacancy
6%
$261
Maintenance
5%
$218
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
7 Wimbledon Ct, Ipswich, MA 01938 | $6,000 | 3 | 3.5 | 3400 | 2.8 mi |
5 Cricket Ln, Unit 5, Newbury, MA 01922 | $4,000 | 3 | 2.5 | 2368 | 1.6 mi |
46 Hammond St, Rowley, MA 01969 | $3,950 | 3 | 2 | 2448 | 2.1 mi |
Projection Charts
Investment Value YoY