REI Lense

REI Lense

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$5,608 (target)

26 Reservoir Dr, Danvers, MA 01923

3 beds • 3 baths • 1607 sqft

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This property looks like a bad Mid-Term investment with a projected -5.81% first-year return on $181k initial cash invested.

-5.81%

Cash On Cash

4.8%

Cap Rate

0.83

DSCR

$5,608

Rent

-$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,608

Total Expenses

$6,483

Mortgage P&I

67%

$3,748

Property Taxes

10%

$558

Home Insurance

5%

$271

HOA

0%

$0

Property Management

12%

$673

CapEx

4%

$224

Vacancy

3%

$168

Maintenance

4%

$224

Other

11%

$617

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