REI Lense

REI Lense

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$4,756 (target)

226 Olympic Rd, Somerset, MA 02726

3 beds • 3 baths • 2912 sqft

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This property looks like a bad Long-Term investment with a projected -14.92% first-year return on $203k initial cash invested.

-14.92%

Cash On Cash

3.21%

Cap Rate

0.53

DSCR

$4,756

Rent

-$2,530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,756 income − $7,286 expenses = $2,530 out of pocket

Income$4,756Out of Pocket$2,530Mortgage P&I$4,884103%Property Taxes$81917%Insurance$3467%Management$47610%CapEx$2385%Vacancy$2856%Maintenance$2385%

Investment Breakdown

|

Purchase Price

$969k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$203k

Downpayment

20%

$194k

Closing costs

1%

$9,689

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,756

Total Expenses

$7,286

Mortgage P&I

103%

$4,884

Property Taxes

17%

$819

Home Insurance

7%

$346

HOA

0%

$0

Property Management

10%

$476

CapEx

5%

$238

Vacancy

6%

$285

Maintenance

5%

$238

Other

0%

$0

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