REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,824 (target)

87 Norwood Ave, Leominster, MA 01453

3 beds • 2 baths • 1974 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.78% first-year return on $122k initial cash invested.

-6.78%

Cash On Cash

4.57%

Cap Rate

0.78

DSCR

$3,824

Rent

-$692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,824 income − $4,516 expenses = $692 out of pocket

Income$3,824Out of Pocket$692Mortgage P&I$2,43364%Property Taxes$60716%Insurance$1755%Management$45912%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42111%

Investment Breakdown

|

Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,440

Closing costs

1%

$4,972

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,824

Total Expenses

$4,516

Mortgage P&I

64%

$2,433

Property Taxes

16%

$607

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$459

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis