REI Lense

REI Lense

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$3,385 (target)

129 Maple St, Lynn, MA 01904

3 beds • 2 baths • 1194 sqft

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This property looks like a bad Long-Term investment with a projected -11.43% first-year return on $121k initial cash invested.

-11.43%

Cash On Cash

4.21%

Cap Rate

0.67

DSCR

$3,385

Rent

-$1,151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,385 income − $4,536 expenses = $1,151 out of pocket

Income$3,385Out of Pocket$1,151Mortgage P&I$2,99989%Property Taxes$45714%Insurance$2016%Management$33810%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

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Purchase Price

$576k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,755

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,385

Total Expenses

$4,536

Mortgage P&I

89%

$2,999

Property Taxes

14%

$457

Home Insurance

6%

$201

HOA

0%

$0

Property Management

10%

$338

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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