REI Lense

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$2,725 (target)

1693 Tolland Turnpike, Manchester, CT 06042

3 beds • 2 baths • 1243 sqft

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This property looks like a bad Long-Term investment with a projected -3.5% first-year return on $66,129 initial cash invested.

-3.5%

Cash On Cash

5.83%

Cap Rate

0.96

DSCR

$2,725

Rent

-$193

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,725 income − $2,918 expenses = $193 out of pocket

Income$2,725Out of Pocket$193Mortgage P&I$1,58758%Property Taxes$51319%Insurance$1104%Management$27210%CapEx$1365%Vacancy$1646%Maintenance$1365%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,725

Total Expenses

$2,918

Mortgage P&I

58%

$1,587

Property Taxes

19%

$513

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$164

Maintenance

5%

$136

Other

0%

$0

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