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$3,179 (target)

89 Central St, North Reading, MA 01864

3 beds • 4 baths • 3300 sqft

$1,489,000

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This property looks like a bad Long-Term investment with a projected -24.14% first-year return on $313k initial cash invested.

-24.14%

Cash On Cash

1.13%

Cap Rate

0.19

DSCR

$3,179

Rent

-$6,290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,179 income − $9,469 expenses = $6,290 out of pocket

Income$3,179Out of Pocket$6,290Mortgage P&I$7,539237%Property Taxes$58218%Insurance$52116%Management$31810%CapEx$1595%Vacancy$1916%Maintenance$1595%

Investment Breakdown

|

Purchase Price

$1489k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$313k

Downpayment

20%

$298k

Closing costs

1%

$14,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,179

Total Expenses

$9,469

Mortgage P&I

237%

$7,539

Property Taxes

18%

$582

Home Insurance

16%

$521

HOA

0%

$0

Property Management

10%

$318

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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