REI Lense

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40 Mirasol Drive Drive, Bourne, MA 02532

3 beds • 2 baths • 1760 sqft

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This property looks like a bad Long-Term investment with a projected -13.2% first-year return on $151k initial cash invested.

-13.2%

Cash On Cash

3.43%

Cap Rate

0.58

DSCR

$3,423

Rent

-$1,661

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$144k

Closing costs

1%

$7,191

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,423

Total Expenses

$5,084

Mortgage P&I

104%

$3,545

Property Taxes

12%

$394

Home Insurance

7%

$256

HOA

0%

$0

Property Management

10%

$342

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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