REI Lense

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$4,974 (target)

19 Michael Avenue, Nashua, NH 03062

3 beds • 2 baths • 2306 sqft

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This property looks like a bad Mid-Term investment with a projected -9.15% first-year return on $161k initial cash invested.

-9.15%

Cash On Cash

4.35%

Cap Rate

0.71

DSCR

$4,974

Rent

-$1,231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,974 income − $6,205 expenses = $1,231 out of pocket

Income$4,974Out of Pocket$1,231Mortgage P&I$3,50971%Property Taxes$77116%Insurance$2345%Management$59712%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54711%

Investment Breakdown

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Purchase Price

$683k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$137k

Closing costs

1%

$6,830

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,974

Total Expenses

$6,205

Mortgage P&I

71%

$3,509

Property Taxes

16%

$771

Home Insurance

5%

$234

HOA

0%

$0

Property Management

12%

$597

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$547

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