REI Lense

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$4,564 (target)

6 Moreland Green Dr, Worcester, MA 01609

3 beds • 3 baths • 2162 sqft

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This property looks like a bad Mid-Term investment with a projected -4.83% first-year return on $137k initial cash invested.

-4.83%

Cash On Cash

5.29%

Cap Rate

0.87

DSCR

$4,564

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,564 income − $5,117 expenses = $553 out of pocket

Income$4,564Out of Pocket$553Mortgage P&I$2,87463%Property Taxes$49011%Insurance$2004%Management$54812%CapEx$1834%Vacancy$1373%Maintenance$1834%Other$50211%

Investment Breakdown

|

Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,681

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,564

Total Expenses

$5,117

Mortgage P&I

63%

$2,874

Property Taxes

11%

$490

Home Insurance

4%

$200

HOA

0%

$0

Property Management

12%

$548

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$502

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