REI Lense

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$3,108 (target)

1240 Monroe Turnpike, Monroe, CT 06468

3 beds • 2 baths • 1676 sqft

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This property looks like a bad Long-Term investment with a projected -11.36% first-year return on $101k initial cash invested.

-11.36%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$3,108

Rent

-$954

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,108 income − $4,062 expenses = $954 out of pocket

Income$3,108Out of Pocket$954Mortgage P&I$2,39477%Property Taxes$69322%Insurance$1685%Management$31110%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,108

Total Expenses

$4,062

Mortgage P&I

77%

$2,394

Property Taxes

22%

$693

Home Insurance

5%

$168

HOA

0%

$0

Property Management

10%

$311

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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