REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,832 (target)

341 Locust St, Danvers, MA 01923

3 beds • 3 baths • 2266 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7% first-year return on $210k initial cash invested.

-7%

Cash On Cash

5%

Cap Rate

0.8

DSCR

$6,832

Rent

-$1,223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,832 income − $8,055 expenses = $1,223 out of pocket

Income$6,832Out of Pocket$1,223Mortgage P&I$4,75470%Property Taxes$65610%Insurance$3225%Management$82012%CapEx$2734%Vacancy$2053%Maintenance$2734%Other$75211%

Investment Breakdown

|

Purchase Price

$912k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$210k

Downpayment

20%

$182k

Closing costs

1%

$9,122

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,832

Total Expenses

$8,055

Mortgage P&I

70%

$4,754

Property Taxes

10%

$656

Home Insurance

5%

$322

HOA

0%

$0

Property Management

12%

$820

CapEx

4%

$273

Vacancy

3%

$205

Maintenance

4%

$273

Other

11%

$752

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis