REI Lense

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$3,918 (target)

509 North St, Fitchburg, MA 01420

3 beds • 2 baths • 1753 sqft

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This property might be a fair Mid-Term investment with a projected 2.91% first-year return on $95,007 initial cash invested.

2.91%

Cash On Cash

7.32%

Cap Rate

1.21

DSCR

$3,918

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,918 income − $3,688 expenses = $230 cash flow

Income$3,918Mortgage P&I$1,84947%Property Taxes$37810%Insurance$1283%Management$47012%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43111%Cash Flow$230

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,007

Downpayment

20%

$73,340

Closing costs

1%

$3,667

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,918

Total Expenses

$3,688

Mortgage P&I

47%

$1,849

Property Taxes

10%

$378

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$470

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$431

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