REI Lense

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$4,281 (target)

305 Mount Vernon St, Fitchburg, MA 01420

3 beds • 2 baths • 1536 sqft

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This property looks like a bad Mid-Term investment with a projected -5.42% first-year return on $131k initial cash invested.

-5.42%

Cash On Cash

5.17%

Cap Rate

0.85

DSCR

$4,281

Rent

-$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,281 income − $4,871 expenses = $590 out of pocket

Income$4,281Out of Pocket$590Mortgage P&I$2,72964%Property Taxes$49812%Insurance$1894%Management$51412%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%

Investment Breakdown

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Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,365

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,281

Total Expenses

$4,871

Mortgage P&I

64%

$2,729

Property Taxes

12%

$498

Home Insurance

4%

$189

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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