REI Lense

REI Lense

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$3,141 (target)

19 Ames Island Rd, Wareham, MA 02571

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -6.5% first-year return on $99,267 initial cash invested.

-6.5%

Cash On Cash

5.12%

Cap Rate

0.84

DSCR

$3,141

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,141 income − $3,679 expenses = $538 out of pocket

Income$3,141Out of Pocket$538Mortgage P&I$2,39776%Property Taxes$30010%Insurance$1665%Management$31410%CapEx$1575%Vacancy$1886%Maintenance$1575%

Investment Breakdown

|

Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,267

Downpayment

20%

$94,540

Closing costs

1%

$4,727

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,141

Total Expenses

$3,679

Mortgage P&I

76%

$2,397

Property Taxes

10%

$300

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

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