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$4,768 (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 Mid-Term investment with a projected -19.94% first-year return on $331k initial cash invested.

-19.94%

Cash On Cash

1.8%

Cap Rate

0.3

DSCR

$4,768

Rent

-$5,495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,768 income − $10,263 expenses = $5,495 out of pocket

Income$4,768Out of Pocket$5,495Mortgage P&I$7,539158%Property Taxes$58212%Insurance$52111%Management$57212%CapEx$1914%Vacancy$1433%Maintenance$1914%Other$52411%

Investment Breakdown

|

Purchase Price

$1489k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$331k

Downpayment

20%

$298k

Closing costs

1%

$14,890

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,768

Total Expenses

$10,263

Mortgage P&I

158%

$7,539

Property Taxes

12%

$582

Home Insurance

11%

$521

HOA

0%

$0

Property Management

12%

$572

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$524

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