REI Lense

REI Lense

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$5,644 (target)

12 Revere Road, New Milford, CT 06776

3 beds • 3 baths • 2399 sqft

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This property might be a fair Long-Term investment with a projected 3.62% first-year return on $125k initial cash invested.

3.62%

Cash On Cash

7.31%

Cap Rate

1.22

DSCR

$5,644

Rent

$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,644 income − $5,266 expenses = $378 cash flow

Income$5,644Mortgage P&I$2,97453%Property Taxes$61511%Insurance$2104%Management$56410%CapEx$2825%Vacancy$3396%Maintenance$2825%Cash Flow$378

Investment Breakdown

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Purchase Price

$597k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,966

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,644

Total Expenses

$5,266

Mortgage P&I

53%

$2,974

Property Taxes

11%

$615

Home Insurance

4%

$210

HOA

0%

$0

Property Management

10%

$564

CapEx

5%

$282

Vacancy

6%

$339

Maintenance

5%

$282

Other

0%

$0

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