REI Lense

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$4,434 (target)

2263 Elm Street, Manchester, NH 03104

3 beds • 3 baths • 1750 sqft

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This property looks like a bad Mid-Term investment with a projected -3.52% first-year return on $121k initial cash invested.

-3.52%

Cash On Cash

5.72%

Cap Rate

0.93

DSCR

$4,434

Rent

-$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,434 income − $4,790 expenses = $356 out of pocket

Income$4,434Out of Pocket$356Mortgage P&I$2,52657%Property Taxes$58213%Insurance$1754%Management$53212%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48811%

Investment Breakdown

|

Purchase Price

$492k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,460

Closing costs

1%

$4,923

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,434

Total Expenses

$4,790

Mortgage P&I

57%

$2,526

Property Taxes

13%

$582

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$532

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$488

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