REI Lense

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$5,451 (target)

38 Connecticut Ave, Pittsfield, MA 01201

3 beds • 2 baths • 1533 sqft

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This property could be a profitable Mid-Term investment with a projected 19.2% first-year return on $86,250 initial cash invested.

19.2%

Cash On Cash

11.97%

Cap Rate

1.97

DSCR

$5,451

Rent

$1,380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,451 income − $4,071 expenses = $1,380 cash flow

Income$5,451Mortgage P&I$1,64330%Property Taxes$4608%Insurance$1142%Management$65412%CapEx$2184%Vacancy$1643%Maintenance$2184%Other$60011%Cash Flow$1,380

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,451

Total Expenses

$4,071

Mortgage P&I

30%

$1,643

Property Taxes

8%

$460

Home Insurance

2%

$114

HOA

0%

$0

Property Management

12%

$654

CapEx

4%

$218

Vacancy

3%

$164

Maintenance

4%

$218

Other

11%

$600

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