REI Lense

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$4,480 (target)

106 Greenhill Terrace, New Haven, CT 06515

3 beds • 2 baths • 1487 sqft

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This property might be a fair Mid-Term investment with a projected 6.68% first-year return on $89,946 initial cash invested.

6.68%

Cash On Cash

8.73%

Cap Rate

1.38

DSCR

$4,480

Rent

$501

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,480 income − $3,979 expenses = $501 cash flow

Income$4,480Mortgage P&I$1,81240%Property Taxes$52512%Insurance$1193%Management$53812%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49311%Cash Flow$501

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,946

Downpayment

20%

$68,520

Closing costs

1%

$3,426

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,480

Total Expenses

$3,979

Mortgage P&I

40%

$1,812

Property Taxes

12%

$525

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$538

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$493

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