REI Lense

REI Lense

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$3,637 (target)

55 Endicott St, Danvers, MA 01923

3 beds • 2 baths • 1384 sqft

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This property looks like a bad Long-Term investment with a projected -7.27% first-year return on $113k initial cash invested.

-7.27%

Cash On Cash

4.97%

Cap Rate

0.82

DSCR

$3,637

Rent

-$682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,637 income − $4,319 expenses = $682 out of pocket

Income$3,637Out of Pocket$682Mortgage P&I$2,72075%Property Taxes$46913%Insurance$1845%Management$36410%CapEx$1825%Vacancy$2186%Maintenance$1825%

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$107k

Closing costs

1%

$5,362

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,637

Total Expenses

$4,319

Mortgage P&I

75%

$2,720

Property Taxes

13%

$469

Home Insurance

5%

$184

HOA

0%

$0

Property Management

10%

$364

CapEx

5%

$182

Vacancy

6%

$218

Maintenance

5%

$182

Other

0%

$0

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