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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 -12% first-year return on $155k initial cash invested.

-12%

Cash On Cash

3.27%

Cap Rate

0.56

DSCR

$4,490

Rent

-$1,545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,490 income − $6,035 expenses = $1,545 out of pocket

Income$4,490Out of Pocket$1,545Mortgage P&I$3,13770%Property Taxes$51411%Insurance$2285%Management$67415%CapEx$1804%Maintenance$1804%Other$1,12225%

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

$4,490

Total Expenses

$6,035

Mortgage P&I

70%

$3,137

Property Taxes

11%

$514

Home Insurance

5%

$228

HOA

0%

$0

Property Management

15%

$674

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,122

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