REI Lense

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$4,468 (target)

24 Elmvale Pl, Pittsfield, MA 01201

3 beds • 2 baths • 1843 sqft

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This property could be a profitable Mid-Term investment with a projected 14.78% first-year return on $82,029 initial cash invested.

14.78%

Cash On Cash

10.96%

Cap Rate

1.74

DSCR

$4,468

Rent

$1,010

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,468 income − $3,458 expenses = $1,010 cash flow

Income$4,468Mortgage P&I$1,59736%Property Taxes$2375%Insurance$1052%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49111%Cash Flow$1,010

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,029

Downpayment

20%

$60,980

Closing costs

1%

$3,049

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,468

Total Expenses

$3,458

Mortgage P&I

36%

$1,597

Property Taxes

5%

$237

Home Insurance

2%

$105

HOA

0%

$0

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$491

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