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$6,742 (target)

247 Hampstead St, Methuen, MA 01844

3 beds • 3 baths • 2512 sqft

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This property looks like a bad Mid-Term investment with a projected -5.74% first-year return on $201k initial cash invested.

-5.74%

Cash On Cash

5.13%

Cap Rate

0.84

DSCR

$6,742

Rent

-$962

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,742 income − $7,704 expenses = $962 out of pocket

Income$6,742Out of Pocket$962Mortgage P&I$4,42066%Property Taxes$68710%Insurance$3045%Management$80912%CapEx$2704%Vacancy$2023%Maintenance$2704%Other$74211%

Investment Breakdown

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Purchase Price

$872k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$174k

Closing costs

1%

$8,719

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,742

Total Expenses

$7,704

Mortgage P&I

66%

$4,420

Property Taxes

10%

$687

Home Insurance

5%

$304

HOA

0%

$0

Property Management

12%

$809

CapEx

4%

$270

Vacancy

3%

$202

Maintenance

4%

$270

Other

11%

$742

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