REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,891 (target)

2 Biltmore Rd, Worcester, MA 01602

3 beds • 2 baths • 1666 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.58% first-year return on $93,723 initial cash invested.

-8.58%

Cash On Cash

4.65%

Cap Rate

0.77

DSCR

$2,891

Rent

-$670

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,891 income − $3,561 expenses = $670 out of pocket

Income$2,891Out of Pocket$670Mortgage P&I$2,25378%Property Taxes$39814%Insurance$1585%Management$28910%CapEx$1455%Vacancy$1736%Maintenance$1455%

Investment Breakdown

|

Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,723

Downpayment

20%

$89,260

Closing costs

1%

$4,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,891

Total Expenses

$3,561

Mortgage P&I

78%

$2,253

Property Taxes

14%

$398

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$145

Vacancy

6%

$173

Maintenance

5%

$145

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis