REI Lense

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$4,065 (target)

16 Chestnut Drive, Derby, CT 06418

3 beds • 2 baths • 1756 sqft

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This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $102k initial cash invested.

0.34%

Cash On Cash

6.43%

Cap Rate

1.1

DSCR

$4,065

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,065 income − $4,036 expenses = $29 cash flow

Income$4,065Mortgage P&I$1,95548%Property Taxes$55814%Insurance$1403%Management$48812%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44711%Cash Flow$29

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,120

Closing costs

1%

$4,006

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,065

Total Expenses

$4,036

Mortgage P&I

48%

$1,955

Property Taxes

14%

$558

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$488

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$447

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