REI Lense

REI Lense

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$5,766 (target)

122 Summer St, New Canaan, CT 06840

3 beds • 3 baths • 1644 sqft

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This property looks like a bad Long-Term investment with a projected -6.95% first-year return on $185k initial cash invested.

-6.95%

Cash On Cash

4.97%

Cap Rate

0.82

DSCR

$5,766

Rent

-$1,069

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$879k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$176k

Closing costs

1%

$8,786

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,766

Total Expenses

$6,835

Mortgage P&I

77%

$4,417

Property Taxes

11%

$611

Home Insurance

5%

$308

HOA

0%

$0

Property Management

10%

$577

CapEx

5%

$288

Vacancy

6%

$346

Maintenance

5%

$288

Other

0%

$0

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