REI Lense

REI Lense

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$5,157 (target)

37 Princeton St, Danvers, MA 01923

3 beds • 2 baths • 1008 sqft

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This property looks like a bad Mid-Term investment with a projected -4.95% first-year return on $153k initial cash invested.

-4.95%

Cash On Cash

5.18%

Cap Rate

0.87

DSCR

$5,157

Rent

-$631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$642k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$128k

Closing costs

1%

$6,421

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,157

Total Expenses

$5,788

Mortgage P&I

62%

$3,197

Property Taxes

12%

$618

Home Insurance

4%

$220

HOA

0%

$0

Property Management

12%

$619

CapEx

4%

$206

Vacancy

3%

$155

Maintenance

4%

$206

Other

11%

$567

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