REI Lense

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$4,568 (target)

62 Tennyson St, Worcester, MA 01610

3 beds • 2 baths • 1346 sqft

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This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $108k initial cash invested.

3.06%

Cash On Cash

7.39%

Cap Rate

1.21

DSCR

$4,568

Rent

$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,568 income − $4,292 expenses = $276 cash flow

Income$4,568Mortgage P&I$2,18848%Property Taxes$4019%Insurance$1503%Management$54812%CapEx$1834%Vacancy$1373%Maintenance$1834%Other$50211%Cash Flow$276

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,960

Closing costs

1%

$4,298

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,568

Total Expenses

$4,292

Mortgage P&I

48%

$2,188

Property Taxes

9%

$401

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$548

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$502

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