Andover, MA — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.3%

Below average

Monthly Cash Flow

-$4,228

After all expenses

Price-to-Rent

27.2

Overpriced for rent

DSCR

0.21

Fails

📊 Key Metrics

Median Home Price
$1,000,994
Average Rent (3BR)
$3,070/mo
Price-to-Rent Ratio
27.2(high)
1% Rule
0.31%(fails — need 1%+)
Cash-on-Cash Return
-22.0%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Andover for Investors

01810
Cap Rate: 1.3%Cash Flow: -$4,228/mo$1,000,994
01810
Cap Rate: 1.3%Cash Flow: -$4,228/mo$1,000,994

All Zip Codes in Andover

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
018101.3%-$4,228$1,000,994$3,070/mo0.21
018101.3%-$4,228$1,000,994$3,070/mo0.21