REI Lense

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$4,532 (target)

161 Derby Avenue, Orange, CT 06477

3 beds • 2 baths • 2400 sqft

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This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $113k initial cash invested.

0.34%

Cash On Cash

6.59%

Cap Rate

1.09

DSCR

$4,532

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,532 income − $4,500 expenses = $32 cash flow

Income$4,532Mortgage P&I$2,26950%Property Taxes$53212%Insurance$1583%Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49911%Cash Flow$32

Investment Breakdown

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Purchase Price

$452k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,460

Closing costs

1%

$4,523

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,532

Total Expenses

$4,500

Mortgage P&I

50%

$2,269

Property Taxes

12%

$532

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$499

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