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1-7 Prince St & 48-54 Harbor St, Salem MA 01970 — $2,550,000 · 8 units. Numbers are pre-filled from this listing and area rents; edit any input to model your own deal.
Investment Analysis
1-7 Prince St & 48-54 Harbor St, Salem MA 01970
$2,550,000 · 8 units · MLS# 73490150
Prepared by Signal Real Estate · investingboston.com
Rent roll (per unit)
Set all units to
Total monthly rent: $17,600 (8 units)
Acquisition & financing (one-time)
Down payment%· $637,500 down
Operating (recurring)
Results
Gross scheduled income$211,200/yr
Net operating income (NOI)$109,680/yr
Cap rate4.3%
GRM12.1
Loan amount$1,912,500
Mortgage (P&I)$12,724/mo
Cash invested (down + CapEx)$637,500
Annual cash flow$-43,007
Cash-on-cash return-6.7%
DSCR0.72
Estimates only — not financial advice. Unit rents seeded from area data; adjust to actual rent roll.