REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,492 (target)

75 Erin Ct, New Bedford, MA 02745

3 beds • 3 baths • 1804 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.22% first-year return on $140k initial cash invested.

-5.22%

Cash On Cash

5.13%

Cap Rate

0.85

DSCR

$4,492

Rent

-$608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,492 income − $5,100 expenses = $608 out of pocket

Income$4,492Out of Pocket$608Mortgage P&I$2,90565%Property Taxes$46210%Insurance$2055%Management$53912%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49411%

Investment Breakdown

|

Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,799

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,492

Total Expenses

$5,100

Mortgage P&I

65%

$2,905

Property Taxes

10%

$462

Home Insurance

5%

$205

HOA

0%

$0

Property Management

12%

$539

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$494

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis