REI Lense

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$4,354 (target)

700 Grove St, Framingham, MA 01701

3 beds • 3 baths • 1534 sqft

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This property looks like a bad Long-Term investment with a projected -13.52% first-year return on $166k initial cash invested.

-13.52%

Cash On Cash

3.66%

Cap Rate

0.59

DSCR

$4,354

Rent

-$1,867

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,354 income − $6,221 expenses = $1,867 out of pocket

Income$4,354Out of Pocket$1,867Mortgage P&I$4,05593%Property Taxes$75417%Insurance$2806%Management$43510%CapEx$2185%Vacancy$2616%Maintenance$2185%

Investment Breakdown

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Purchase Price

$789k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$158k

Closing costs

1%

$7,891

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,354

Total Expenses

$6,221

Mortgage P&I

93%

$4,055

Property Taxes

17%

$754

Home Insurance

6%

$280

HOA

0%

$0

Property Management

10%

$435

CapEx

5%

$218

Vacancy

6%

$261

Maintenance

5%

$218

Other

0%

$0

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