REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,433 (target)

2 Nancy Street, Lewiston, ME 04240

3 beds • 2 baths • 3009 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.62% first-year return on $67,683 initial cash invested.

-5.62%

Cash On Cash

5.16%

Cap Rate

0.88

DSCR

$2,433

Rent

-$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,433 income − $2,750 expenses = $317 out of pocket

Income$2,433Out of Pocket$317Mortgage P&I$1,58065%Property Taxes$36215%Insurance$1757%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,683

Downpayment

20%

$64,460

Closing costs

1%

$3,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,433

Total Expenses

$2,750

Mortgage P&I

65%

$1,580

Property Taxes

15%

$362

Home Insurance

7%

$175

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis