REI Lense

REI Lense

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$2,993 (target)

359 New Lenox Rd, Lenox, MA 01240

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -8.11% first-year return on $101k initial cash invested.

-8.11%

Cash On Cash

4.71%

Cap Rate

0.78

DSCR

$2,993

Rent

-$685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,993 income − $3,678 expenses = $685 out of pocket

Income$2,993Out of Pocket$685Mortgage P&I$2,42881%Property Taxes$29910%Insurance$1726%Management$29910%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,560

Closing costs

1%

$4,828

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,993

Total Expenses

$3,678

Mortgage P&I

81%

$2,428

Property Taxes

10%

$299

Home Insurance

6%

$172

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

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