Home › 393 Essex St, Salem MA 01970 › Analyze

Property Analyzer

393 Essex St, Salem MA 01970 — $1,875,000 · 5 units. Numbers are pre-filled from this listing and area rents; edit any input to model your own deal.

Investment Analysis

393 Essex St, Salem MA 01970

$1,875,000 · 5 units · MLS# 73580463

Prepared by Signal Real Estate · investingboston.com

Rent roll (per unit)

Number of units

Set all units to

Unit 1$/moUnit 2$/moUnit 3$/moUnit 4$/moUnit 5$/mo

Total monthly rent: $11,000 (5 units)

Acquisition & financing (one-time)

Purchase price$

Down payment%· $468,750 down

Renovation / CapEx (upfront)$Interest rate%Loan term (yrs)

Operating (recurring)

Other income / mo$Vacancy%Operating expenses%Property tax / yr$Insurance / yr$

Results

Gross scheduled income$132,000/yr

Net operating income (NOI)$64,050/yr

Cap rate3.4%

GRM14.2

Loan amount$1,406,250

Mortgage (P&I)$9,356/mo

Cash invested (down + CapEx)$468,750

Annual cash flow$-48,220

Cash-on-cash return-10.3%

DSCR0.57

Estimates only — not financial advice. Unit rents seeded from area data; adjust to actual rent roll.

← Back to listing

Justin Rollo — Broker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184

Signal Real Estate LinkedIn Zillow Facebook