REI Lense

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$2,803 (target)

11 Harvest Road, Enfield, CT 06082

3 beds • 2 baths • 1808 sqft

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This property looks like a bad Long-Term investment with a projected -7.92% first-year return on $78,813 initial cash invested.

-7.92%

Cash On Cash

5.15%

Cap Rate

0.81

DSCR

$2,803

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,803 income − $3,323 expenses = $520 out of pocket

Income$2,803Out of Pocket$520Mortgage P&I$1,99271%Property Taxes$48617%Insurance$1174%Management$28010%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,813

Downpayment

20%

$75,060

Closing costs

1%

$3,753

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,803

Total Expenses

$3,323

Mortgage P&I

71%

$1,992

Property Taxes

17%

$486

Home Insurance

4%

$117

HOA

0%

$0

Property Management

10%

$280

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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