REI Lense

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$7,134 (target)

226 Olympic Rd, Somerset, MA 02726

3 beds • 3 baths • 2912 sqft

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This property looks like a bad Mid-Term investment with a projected -7.26% first-year return on $221k initial cash invested.

-7.26%

Cash On Cash

4.74%

Cap Rate

0.78

DSCR

$7,134

Rent

-$1,340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,134 income − $8,474 expenses = $1,340 out of pocket

Income$7,134Out of Pocket$1,340Mortgage P&I$4,88468%Property Taxes$81911%Insurance$3465%Management$85612%CapEx$2854%Vacancy$2143%Maintenance$2854%Other$78511%

Investment Breakdown

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Purchase Price

$969k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$221k

Downpayment

20%

$194k

Closing costs

1%

$9,689

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,134

Total Expenses

$8,474

Mortgage P&I

68%

$4,884

Property Taxes

11%

$819

Home Insurance

5%

$346

HOA

0%

$0

Property Management

12%

$856

CapEx

4%

$285

Vacancy

3%

$214

Maintenance

4%

$285

Other

11%

$785

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