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$8,073 (target)

27 Algonquin Ave, Andover, MA 01810

3 beds • 3 baths • 2808 sqft

$1,114,300

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This property looks like a bad Mid-Term investment with a projected -9.13% first-year return on $252k initial cash invested.

-9.13%

Cash On Cash

4.45%

Cap Rate

0.72

DSCR

$8,073

Rent

-$1,917

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,073 income − $9,990 expenses = $1,917 out of pocket

Income$8,073Out of Pocket$1,917Mortgage P&I$5,72671%Property Taxes$1,13414%Insurance$3855%Management$96912%CapEx$3234%Vacancy$2423%Maintenance$3234%Other$88811%

Investment Breakdown

|

Purchase Price

$1114k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$223k

Closing costs

1%

$11,143

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,073

Total Expenses

$9,990

Mortgage P&I

71%

$5,726

Property Taxes

14%

$1,134

Home Insurance

5%

$385

HOA

0%

$0

Property Management

12%

$969

CapEx

4%

$323

Vacancy

3%

$242

Maintenance

4%

$323

Other

11%

$888

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