REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,043 (target)

6 Moreland Green Dr, Worcester, MA 01609

3 beds • 3 baths • 2162 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.2% first-year return on $119k initial cash invested.

-13.2%

Cash On Cash

3.62%

Cap Rate

0.6

DSCR

$3,043

Rent

-$1,312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,043 income − $4,355 expenses = $1,312 out of pocket

Income$3,043Out of Pocket$1,312Mortgage P&I$2,87494%Property Taxes$49016%Insurance$2007%Management$30410%CapEx$1525%Vacancy$1836%Maintenance$1525%

Investment Breakdown

|

Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$114k

Closing costs

1%

$5,681

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,043

Total Expenses

$4,355

Mortgage P&I

94%

$2,874

Property Taxes

16%

$490

Home Insurance

7%

$200

HOA

0%

$0

Property Management

10%

$304

CapEx

5%

$152

Vacancy

6%

$183

Maintenance

5%

$152

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis