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$6,771 (target)

43 Ledgewood Dr, Danvers, MA 01923

3 beds • 3 baths • 2284 sqft

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This property looks like a bad Mid-Term investment with a projected -2.48% first-year return on $181k initial cash invested.

-2.48%

Cash On Cash

5.93%

Cap Rate

0.97

DSCR

$6,771

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,771 income − $7,144 expenses = $373 out of pocket

Income$6,771Out of Pocket$373Mortgage P&I$3,93358%Property Taxes$6379%Insurance$2714%Management$81312%CapEx$2714%Vacancy$2033%Maintenance$2714%Other$74511%

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,771

Total Expenses

$7,144

Mortgage P&I

58%

$3,933

Property Taxes

9%

$637

Home Insurance

4%

$271

HOA

0%

$0

Property Management

12%

$813

CapEx

4%

$271

Vacancy

3%

$203

Maintenance

4%

$271

Other

11%

$745

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