REI Lense

REI Lense

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$2,613 (target)

27 Mayflower Cir, Worcester, MA 01606

3 beds • 2 baths • 1476 sqft

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This property looks like a bad Long-Term investment with a projected -12.25% first-year return on $96,894 initial cash invested.

-12.25%

Cash On Cash

3.85%

Cap Rate

0.63

DSCR

$2,613

Rent

-$989

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,613 income − $3,602 expenses = $989 out of pocket

Income$2,613Out of Pocket$989Mortgage P&I$2,34090%Property Taxes$41916%Insurance$1636%Management$26110%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,894

Downpayment

20%

$92,280

Closing costs

1%

$4,614

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,613

Total Expenses

$3,602

Mortgage P&I

90%

$2,340

Property Taxes

16%

$419

Home Insurance

6%

$163

HOA

0%

$0

Property Management

10%

$261

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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