REI Lense

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$4,632 (target)

157 Back Lane, Newington, CT 06111

3 beds • 2 baths • 1395 sqft

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This property might be a fair Mid-Term investment with a projected 9.81% first-year return on $86,250 initial cash invested.

9.81%

Cash On Cash

9.47%

Cap Rate

1.53

DSCR

$4,632

Rent

$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,632 income − $3,927 expenses = $705 cash flow

Income$4,632Mortgage P&I$1,67436%Property Taxes$56412%Insurance$1142%Management$55612%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$51011%Cash Flow$705

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,632

Total Expenses

$3,927

Mortgage P&I

36%

$1,674

Property Taxes

12%

$564

Home Insurance

2%

$114

HOA

0%

$0

Property Management

12%

$556

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$510

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