REI Lense

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$5,464 (target)

22 Porter St, Lynn, MA 01902

3 beds • 2 baths • 1603 sqft

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This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $136k initial cash invested.

0.8%

Cash On Cash

6.76%

Cap Rate

1.11

DSCR

$5,464

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,464 income − $5,373 expenses = $91 cash flow

Income$5,464Mortgage P&I$2,86252%Property Taxes$4548%Insurance$1984%Management$65612%CapEx$2194%Vacancy$1643%Maintenance$2194%Other$60111%Cash Flow$91

Investment Breakdown

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Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,627

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,464

Total Expenses

$5,373

Mortgage P&I

52%

$2,862

Property Taxes

8%

$454

Home Insurance

4%

$198

HOA

0%

$0

Property Management

12%

$656

CapEx

4%

$219

Vacancy

3%

$164

Maintenance

4%

$219

Other

11%

$601

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