REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,820 (target)

145 Monarca Drive, Middletown, CT 06457

3 beds • 4 baths • 3456 sqft

$1,350,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -23.55% first-year return on $284k initial cash invested.

-23.55%

Cash On Cash

1.6%

Cap Rate

0.25

DSCR

$4,820

Rent

-$5,563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,820 income − $10,383 expenses = $5,563 out of pocket

Income$4,820Out of Pocket$5,563Mortgage P&I$7,121148%Property Taxes$1,53732%Insurance$47210%Management$48210%CapEx$2415%Vacancy$2896%Maintenance$2415%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$284k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,820

Total Expenses

$10,383

Mortgage P&I

148%

$7,121

Property Taxes

32%

$1,537

Home Insurance

10%

$472

HOA

0%

$0

Property Management

10%

$482

CapEx

5%

$241

Vacancy

6%

$289

Maintenance

5%

$241

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis