REI Lense

REI Lense

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$3,661 (target)

33 Fairchild Ave, Saugus, MA 01906

3 beds • 2 baths • 1409 sqft

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This property looks like a bad Long-Term investment with a projected -10.49% first-year return on $127k initial cash invested.

-10.49%

Cash On Cash

4.32%

Cap Rate

0.7

DSCR

$3,661

Rent

-$1,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,661 income − $4,775 expenses = $1,114 out of pocket

Income$3,661Out of Pocket$1,114Mortgage P&I$3,11785%Property Taxes$49614%Insurance$2106%Management$36610%CapEx$1835%Vacancy$2206%Maintenance$1835%

Investment Breakdown

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Purchase Price

$607k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$121k

Closing costs

1%

$6,067

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,661

Total Expenses

$4,775

Mortgage P&I

85%

$3,117

Property Taxes

14%

$496

Home Insurance

6%

$210

HOA

0%

$0

Property Management

10%

$366

CapEx

5%

$183

Vacancy

6%

$220

Maintenance

5%

$183

Other

0%

$0

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