REI Lense

REI Lense

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$3,259 (target)

143 Fitzgerald Drive, East Hartford, CT 06118

3 beds • 3 baths • 2156 sqft

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This property looks like a bad Long-Term investment with a projected -11.26% first-year return on $92,862 initial cash invested.

-11.26%

Cash On Cash

4.23%

Cap Rate

0.69

DSCR

$3,259

Rent

-$871

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,259 income − $4,130 expenses = $871 out of pocket

Income$3,259Out of Pocket$871Mortgage P&I$2,26670%Property Taxes$86326%Insurance$1535%Management$32610%CapEx$1635%Vacancy$1966%Maintenance$1635%

Investment Breakdown

|

Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,862

Downpayment

20%

$88,440

Closing costs

1%

$4,422

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,259

Total Expenses

$4,130

Mortgage P&I

70%

$2,266

Property Taxes

26%

$863

Home Insurance

5%

$153

HOA

0%

$0

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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