REI Lense

REI Lense

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$2,367 (target)

1100 Roosevelt Ave, Springfield, MA 01109

3 beds • 3 baths • 1313 sqft

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This property looks like a bad Long-Term investment with a projected -6.04% first-year return on $67,935 initial cash invested.

-6.04%

Cash On Cash

5.45%

Cap Rate

0.87

DSCR

$2,367

Rent

-$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,367 income − $2,709 expenses = $342 out of pocket

Income$2,367Out of Pocket$342Mortgage P&I$1,69472%Property Taxes$28812%Insurance$1125%Management$23710%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

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Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,935

Downpayment

20%

$64,700

Closing costs

1%

$3,235

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,367

Total Expenses

$2,709

Mortgage P&I

72%

$1,694

Property Taxes

12%

$288

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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