REI Lense

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$3,585 (target)

10 Royal Oaks Drive, Norwich, CT 06360

3 beds • 4 baths • 2069 sqft

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This property looks like a bad Long-Term investment with a projected -13.48% first-year return on $122k initial cash invested.

-13.48%

Cash On Cash

3.84%

Cap Rate

0.61

DSCR

$3,585

Rent

-$1,368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,585 income − $4,953 expenses = $1,368 out of pocket

Income$3,585Out of Pocket$1,368Mortgage P&I$3,04585%Property Taxes$76921%Insurance$2086%Management$35810%CapEx$1795%Vacancy$2156%Maintenance$1795%

Investment Breakdown

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Purchase Price

$580k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,798

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,585

Total Expenses

$4,953

Mortgage P&I

85%

$3,045

Property Taxes

21%

$769

Home Insurance

6%

$208

HOA

0%

$0

Property Management

10%

$358

CapEx

5%

$179

Vacancy

6%

$215

Maintenance

5%

$179

Other

0%

$0

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