REI Lense

REI Lense

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$3,316 (target)

19 Michael Avenue, Nashua, NH 03062

3 beds • 2 baths • 2306 sqft

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This property looks like a bad Long-Term investment with a projected -17.24% first-year return on $143k initial cash invested.

-17.24%

Cash On Cash

2.84%

Cap Rate

0.46

DSCR

$3,316

Rent

-$2,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $5,377 expenses = $2,061 out of pocket

Income$3,316Out of Pocket$2,061Mortgage P&I$3,509106%Property Taxes$77123%Insurance$2347%Management$33210%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

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Purchase Price

$683k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$137k

Closing costs

1%

$6,830

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,316

Total Expenses

$5,377

Mortgage P&I

106%

$3,509

Property Taxes

23%

$771

Home Insurance

7%

$234

HOA

0%

$0

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

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