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47 Elm St, Methuen, MA 01844

3 beds • 2 baths • 1804 sqft

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This property looks like a bad Airbnb investment with a projected -20.9% first-year return on $155k initial cash invested.

-20.9%

Cash On Cash

0.99%

Cap Rate

0.17

DSCR

$2,284

Rent

-$2,691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,284 income − $4,975 expenses = $2,691 out of pocket

Income$2,284Out of Pocket$2,691Mortgage P&I$3,137137%Property Taxes$51423%Insurance$22810%Management$34315%CapEx$914%Maintenance$914%Other$57125%

Investment Breakdown

|

Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$130k

Closing costs

1%

$6,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,284

Total Expenses

$4,975

Mortgage P&I

137%

$3,137

Property Taxes

23%

$514

Home Insurance

10%

$228

HOA

0%

$0

Property Management

15%

$343

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$571

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