REI Lense

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$2,640 (target)

90 Walden St, New Bedford, MA 02740

3 beds • 2 baths • 1754 sqft

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This property looks like a bad Long-Term investment with a projected -10.04% first-year return on $92,547 initial cash invested.

-10.04%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$2,640

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,640 income − $3,414 expenses = $774 out of pocket

Income$2,640Out of Pocket$774Mortgage P&I$2,20383%Property Taxes$37114%Insurance$1546%Management$26410%CapEx$1325%Vacancy$1586%Maintenance$1325%

Investment Breakdown

|

Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,547

Downpayment

20%

$88,140

Closing costs

1%

$4,407

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,640

Total Expenses

$3,414

Mortgage P&I

83%

$2,203

Property Taxes

14%

$371

Home Insurance

6%

$154

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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