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$5,382 (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 Long-Term investment with a projected -16.73% first-year return on $234k initial cash invested.

-16.73%

Cash On Cash

2.94%

Cap Rate

0.48

DSCR

$5,382

Rent

-$3,262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,382 income − $8,644 expenses = $3,262 out of pocket

Income$5,382Out of Pocket$3,262Mortgage P&I$5,726106%Property Taxes$1,13421%Insurance$3857%Management$53810%CapEx$2695%Vacancy$3236%Maintenance$2695%

Investment Breakdown

|

Purchase Price

$1114k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$234k

Downpayment

20%

$223k

Closing costs

1%

$11,143

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,382

Total Expenses

$8,644

Mortgage P&I

106%

$5,726

Property Taxes

21%

$1,134

Home Insurance

7%

$385

HOA

0%

$0

Property Management

10%

$538

CapEx

5%

$269

Vacancy

6%

$323

Maintenance

5%

$269

Other

0%

$0

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