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5 Walcott Rd, Danvers, MA 01923

3 beds • 2 baths • 1354 sqft

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This property looks like a bad Airbnb investment with a projected -10.39% first-year return on $139k initial cash invested.

-10.39%

Cash On Cash

4.05%

Cap Rate

0.66

DSCR

$4,700

Rent

-$1,200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,700 income − $5,900 expenses = $1,200 out of pocket

Income$4,700Out of Pocket$1,200Mortgage P&I$2,95263%Property Taxes$49310%Insurance$1994%Management$70515%CapEx$1884%Maintenance$1884%Other$1,17525%

Investment Breakdown

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Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,745

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,700

Total Expenses

$5,900

Mortgage P&I

63%

$2,952

Property Taxes

10%

$493

Home Insurance

4%

$199

HOA

0%

$0

Property Management

15%

$705

CapEx

4%

$188

Vacancy

0%

$0

Maintenance

4%

$188

Other

25%

$1,175

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