REI Lense

REI Lense

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$2,691 (target)

14 Pinewood Ln, Worcester, MA 01609

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -16.21% first-year return on $123k initial cash invested.

-16.21%

Cash On Cash

2.89%

Cap Rate

0.48

DSCR

$2,691

Rent

-$1,667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$588k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$118k

Closing costs

1%

$5,878

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,691

Total Expenses

$4,358

Mortgage P&I

109%

$2,946

Property Taxes

19%

$506

Home Insurance

8%

$206

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$161

Maintenance

5%

$135

Other

0%

$0

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