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$4,232 (target)

1533 Morton Ave, New Bedford, MA 02745

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Mid-Term investment with a projected -10.41% first-year return on $153k initial cash invested.

-10.41%

Cash On Cash

4.24%

Cap Rate

0.66

DSCR

$4,232

Rent

-$1,326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,232 income − $5,558 expenses = $1,326 out of pocket

Income$4,232Out of Pocket$1,326Mortgage P&I$3,42881%Property Taxes$46411%Insurance$2275%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%

Investment Breakdown

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Purchase Price

$643k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,425

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,232

Total Expenses

$5,558

Mortgage P&I

81%

$3,428

Property Taxes

11%

$464

Home Insurance

5%

$227

HOA

0%

$0

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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