REI Lense

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$6,122 (target)

15 Payne Boulevard, Portland, CT 06480

3 beds • 3 baths • 3188 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $133k initial cash invested.

2.57%

Cash On Cash

7.39%

Cap Rate

1.19

DSCR

$6,122

Rent

$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,122 income − $5,838 expenses = $284 cash flow

Income$6,122Mortgage P&I$2,83346%Property Taxes$73112%Insurance$1923%Management$73512%CapEx$2454%Vacancy$1843%Maintenance$2454%Other$67311%Cash Flow$284

Investment Breakdown

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Purchase Price

$546k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,459

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,122

Total Expenses

$5,838

Mortgage P&I

46%

$2,833

Property Taxes

12%

$731

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$735

CapEx

4%

$245

Vacancy

3%

$184

Maintenance

4%

$245

Other

11%

$673

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