REI Lense

REI Lense

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$3,186 (target)

249 Groveland St, Haverhill, MA 01830

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -5.24% first-year return on $94,290 initial cash invested.

-5.24%

Cash On Cash

5.29%

Cap Rate

0.89

DSCR

$3,186

Rent

-$412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,186 income − $3,598 expenses = $412 out of pocket

Income$3,186Out of Pocket$412Mortgage P&I$2,23170%Property Taxes$38212%Insurance$1575%Management$31910%CapEx$1595%Vacancy$1916%Maintenance$1595%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,290

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,186

Total Expenses

$3,598

Mortgage P&I

70%

$2,231

Property Taxes

12%

$382

Home Insurance

5%

$157

HOA

0%

$0

Property Management

10%

$319

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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