REI Lense

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$4,257 (target)

865 Providence Rd, Northbridge, MA 01534

3 beds • 2 baths • 2608 sqft

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This property might be a fair Mid-Term investment with a projected 1.47% first-year return on $109k initial cash invested.

1.47%

Cash On Cash

6.75%

Cap Rate

1.14

DSCR

$4,257

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,257 income − $4,123 expenses = $134 cash flow

Income$4,257Mortgage P&I$2,14250%Property Taxes$3809%Insurance$1544%Management$51112%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$134

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,257

Total Expenses

$4,123

Mortgage P&I

50%

$2,142

Property Taxes

9%

$380

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$511

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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