REI Lense

REI Lense

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$5,319 (target)

167 Mill Hill Road, Colchester, CT 06415

3 beds • 3 baths • 1634 sqft

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This property might be a fair Mid-Term investment with a projected 6.86% first-year return on $114k initial cash invested.

6.86%

Cash On Cash

8.2%

Cap Rate

1.38

DSCR

$5,319

Rent

$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,100

Closing costs

1%

$4,555

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,319

Total Expenses

$4,669

Mortgage P&I

42%

$2,249

Property Taxes

9%

$480

Home Insurance

2%

$131

HOA

0%

$0

Property Management

12%

$638

CapEx

4%

$213

Vacancy

3%

$160

Maintenance

4%

$213

Other

11%

$585

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