REI Lense

REI Lense

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$3,388 (target)

43 Spruce St, Shrewsbury, MA 01545

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Long-Term investment with a projected -8.55% first-year return on $110k initial cash invested.

-8.55%

Cash On Cash

4.68%

Cap Rate

0.77

DSCR

$3,388

Rent

-$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,388 income − $4,171 expenses = $783 out of pocket

Income$3,388Out of Pocket$783Mortgage P&I$2,65578%Property Taxes$45013%Insurance$1865%Management$33910%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

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Purchase Price

$524k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,235

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,388

Total Expenses

$4,171

Mortgage P&I

78%

$2,655

Property Taxes

13%

$450

Home Insurance

5%

$186

HOA

0%

$0

Property Management

10%

$339

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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