REI Lense

REI Lense

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$3,634 (target)

38 Connecticut Ave, Pittsfield, MA 01201

3 beds • 2 baths • 1533 sqft

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This property might be a fair Long-Term investment with a projected 8.3% first-year return on $68,250 initial cash invested.

8.3%

Cash On Cash

8.48%

Cap Rate

1.4

DSCR

$3,634

Rent

$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,634 income − $3,162 expenses = $472 cash flow

Income$3,634Mortgage P&I$1,64345%Property Taxes$46013%Insurance$1143%Management$36310%CapEx$1825%Vacancy$2186%Maintenance$1825%Cash Flow$472

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,634

Total Expenses

$3,162

Mortgage P&I

45%

$1,643

Property Taxes

13%

$460

Home Insurance

3%

$114

HOA

0%

$0

Property Management

10%

$363

CapEx

5%

$182

Vacancy

6%

$218

Maintenance

5%

$182

Other

0%

$0

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