REI Lense

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$4,706 (target)

146 Cambridge Drive, Glastonbury, CT 06033

3 beds • 2 baths • 1749 sqft

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This property looks like a bad Mid-Term investment with a projected -5.1% first-year return on $133k initial cash invested.

-5.1%

Cash On Cash

5.34%

Cap Rate

0.87

DSCR

$4,706

Rent

-$567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,706 income − $5,273 expenses = $567 out of pocket

Income$4,706Out of Pocket$567Mortgage P&I$2,82460%Property Taxes$65714%Insurance$1924%Management$56512%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51811%

Investment Breakdown

|

Purchase Price

$549k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,706

Total Expenses

$5,273

Mortgage P&I

60%

$2,824

Property Taxes

14%

$657

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$565

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$518

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