REI Lense

REI Lense

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$2,665 (target)

141 Harwich Rd, West Springfield, MA 01089

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -7.88% first-year return on $79,947 initial cash invested.

-7.88%

Cash On Cash

4.93%

Cap Rate

0.8

DSCR

$2,665

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,665 income − $3,190 expenses = $525 out of pocket

Income$2,665Out of Pocket$525Mortgage P&I$1,95573%Property Taxes$41015%Insurance$1335%Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,947

Downpayment

20%

$76,140

Closing costs

1%

$3,807

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,665

Total Expenses

$3,190

Mortgage P&I

73%

$1,955

Property Taxes

15%

$410

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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