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$5,169 (target)

1582 Varnum Ave, Lowell, MA 01854

3 beds • 2 baths • 1382 sqft

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This property looks like a bad Mid-Term investment with a projected -5.38% first-year return on $158k initial cash invested.

-5.38%

Cash On Cash

5.2%

Cap Rate

0.85

DSCR

$5,169

Rent

-$709

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,169 income − $5,878 expenses = $709 out of pocket

Income$5,169Out of Pocket$709Mortgage P&I$3,39566%Property Taxes$4899%Insurance$2365%Management$62012%CapEx$2074%Vacancy$1553%Maintenance$2074%Other$56911%

Investment Breakdown

|

Purchase Price

$668k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$134k

Closing costs

1%

$6,678

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,169

Total Expenses

$5,878

Mortgage P&I

66%

$3,395

Property Taxes

9%

$489

Home Insurance

5%

$236

HOA

0%

$0

Property Management

12%

$620

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$569

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