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3 Avalon Ct, Methuen, MA 01844

3 beds • 3 baths • 3930 sqft

$1,189,200

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This property looks like a bad Airbnb investment with a projected -23.89% first-year return on $268k initial cash invested.

-23.89%

Cash On Cash

0.59%

Cap Rate

0.1

DSCR

$3,025

Rent

-$5,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,025 income − $8,355 expenses = $5,330 out of pocket

Income$3,025Out of Pocket$5,330Mortgage P&I$5,795192%Property Taxes$68823%Insurance$42014%Management$45415%CapEx$1214%Maintenance$1214%Other$75625%

Investment Breakdown

|

Purchase Price

$1189k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$268k

Downpayment

20%

$238k

Closing costs

1%

$11,892

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,025

Total Expenses

$8,355

Mortgage P&I

192%

$5,795

Property Taxes

23%

$688

Home Insurance

14%

$420

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$756

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