REI Lense

REI Lense

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$4,602 (target)

22 Red Pine Lane, Wareham, MA 02571

3 beds • 3 baths • 2569 sqft

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This property looks like a bad Long-Term investment with a projected -15.09% first-year return on $201k initial cash invested.

-15.09%

Cash On Cash

3.14%

Cap Rate

0.52

DSCR

$4,602

Rent

-$2,533

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,602 income − $7,135 expenses = $2,533 out of pocket

Income$4,602Out of Pocket$2,533Mortgage P&I$4,812105%Property Taxes$62113%Insurance$3417%HOA$1654%Management$46010%CapEx$2305%Vacancy$2766%Maintenance$2305%

Investment Breakdown

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Purchase Price

$959k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$192k

Closing costs

1%

$9,593

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,602

Total Expenses

$7,135

Mortgage P&I

105%

$4,812

Property Taxes

13%

$621

Home Insurance

7%

$341

HOA

4%

$165

Property Management

10%

$460

CapEx

5%

$230

Vacancy

6%

$276

Maintenance

5%

$230

Other

0%

$0

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