REI Lense

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$4,389 (target)

188 Patricia Lane, Manchester, NH 03104

3 beds • 2 baths • 2448 sqft

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This property looks like a bad Mid-Term investment with a projected -4.91% first-year return on $127k initial cash invested.

-4.91%

Cash On Cash

5.36%

Cap Rate

0.87

DSCR

$4,389

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,389 income − $4,909 expenses = $520 out of pocket

Income$4,389Out of Pocket$520Mortgage P&I$2,66761%Property Taxes$56613%Insurance$1824%Management$52712%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48311%

Investment Breakdown

|

Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,200

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,389

Total Expenses

$4,909

Mortgage P&I

61%

$2,667

Property Taxes

13%

$566

Home Insurance

4%

$182

HOA

0%

$0

Property Management

12%

$527

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$483

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