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$5,052 (target)

738 Hicks St, Fall River, MA 02724

3 beds • 2 baths • 1924 sqft

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This property looks like a bad Mid-Term investment with a projected -3.63% first-year return on $142k initial cash invested.

-3.63%

Cash On Cash

5.79%

Cap Rate

0.93

DSCR

$5,052

Rent

-$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,052 income − $5,481 expenses = $429 out of pocket

Income$5,052Out of Pocket$429Mortgage P&I$3,07561%Property Taxes$48210%Insurance$2064%Management$60612%CapEx$2024%Vacancy$1523%Maintenance$2024%Other$55611%

Investment Breakdown

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Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,900

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,052

Total Expenses

$5,481

Mortgage P&I

61%

$3,075

Property Taxes

10%

$482

Home Insurance

4%

$206

HOA

0%

$0

Property Management

12%

$606

CapEx

4%

$202

Vacancy

3%

$152

Maintenance

4%

$202

Other

11%

$556

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