REI Lense

REI Lense

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$2,171 (target)

243 Shady Brook Ln, Springfield, MA 01118

3 beds • 2 baths • 1034 sqft

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This property looks like a bad Long-Term investment with a projected -4.53% first-year return on $58,779 initial cash invested.

-4.53%

Cash On Cash

6%

Cap Rate

0.93

DSCR

$2,171

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,171 income − $2,393 expenses = $222 out of pocket

Income$2,171Out of Pocket$222Mortgage P&I$1,51270%Property Taxes$21810%Insurance$985%Management$21710%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,171

Total Expenses

$2,393

Mortgage P&I

70%

$1,512

Property Taxes

10%

$218

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

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