REI Lense

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$4,000 (target)

36 McGowan St, Fall River, MA 02723

3 beds • 3 baths • 1199 sqft

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This property looks like a bad Mid-Term investment with a projected -2.96% first-year return on $122k initial cash invested.

-2.96%

Cash On Cash

5.69%

Cap Rate

0.94

DSCR

$4,000

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,000 income − $4,301 expenses = $301 out of pocket

Income$4,000Out of Pocket$301Mortgage P&I$2,48862%Property Taxes$2787%Insurance$1754%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$98,980

Closing costs

1%

$4,949

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,000

Total Expenses

$4,301

Mortgage P&I

62%

$2,488

Property Taxes

7%

$278

Home Insurance

4%

$175

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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