REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,401 (target)

609 Detroit St, Fall River, MA 02721

3 beds • 2 baths • 2197 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.8% first-year return on $129k initial cash invested.

-3.8%

Cash On Cash

5.59%

Cap Rate

0.91

DSCR

$4,401

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,401 income − $4,809 expenses = $408 out of pocket

Income$4,401Out of Pocket$408Mortgage P&I$2,69061%Property Taxes$43810%Insurance$1854%Management$52812%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48411%

Investment Breakdown

|

Purchase Price

$527k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$105k

Closing costs

1%

$5,273

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,401

Total Expenses

$4,809

Mortgage P&I

61%

$2,690

Property Taxes

10%

$438

Home Insurance

4%

$185

HOA

0%

$0

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis