REI Lense

REI Lense

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$2,989 (target)

8 Elginwood Rd, Peabody, MA 01960

3 beds • 2 baths • 1835 sqft

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This property looks like a bad Long-Term investment with a projected -16.52% first-year return on $157k initial cash invested.

-16.52%

Cash On Cash

2.72%

Cap Rate

0.46

DSCR

$2,989

Rent

-$2,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,989 income − $5,154 expenses = $2,165 out of pocket

Income$2,989Out of Pocket$2,165Mortgage P&I$3,714124%Property Taxes$40213%Insurance$2629%Management$29910%CapEx$1495%Vacancy$1796%Maintenance$1495%

Investment Breakdown

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Purchase Price

$749k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,989

Total Expenses

$5,154

Mortgage P&I

124%

$3,714

Property Taxes

13%

$402

Home Insurance

9%

$262

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

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