REI Lense

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$4,660 (target)

11 Harness Way, Granby, CT 06035

3 beds • 3 baths • 2983 sqft

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This property looks like a bad Long-Term investment with a projected -15.11% first-year return on $165k initial cash invested.

-15.11%

Cash On Cash

3.21%

Cap Rate

0.53

DSCR

$4,660

Rent

-$2,073

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,660 income − $6,733 expenses = $2,073 out of pocket

Income$4,660Out of Pocket$2,073Mortgage P&I$3,93684%Property Taxes$1,30728%Insurance$2786%Management$46610%CapEx$2335%Vacancy$2806%Maintenance$2335%

Investment Breakdown

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Purchase Price

$784k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$157k

Closing costs

1%

$7,841

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,660

Total Expenses

$6,733

Mortgage P&I

84%

$3,936

Property Taxes

28%

$1,307

Home Insurance

6%

$278

HOA

0%

$0

Property Management

10%

$466

CapEx

5%

$233

Vacancy

6%

$280

Maintenance

5%

$233

Other

0%

$0

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