REI Lense

REI Lense

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$2,597 (target)

18 Badger Road, Wolcott, CT 06716

3 beds • 3 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -10.88% first-year return on $84,126 initial cash invested.

-10.88%

Cash On Cash

4.09%

Cap Rate

0.68

DSCR

$2,597

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,597 income − $3,360 expenses = $763 out of pocket

Income$2,597Out of Pocket$763Mortgage P&I$1,99777%Property Taxes$53321%Insurance$1546%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,126

Downpayment

20%

$80,120

Closing costs

1%

$4,006

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,597

Total Expenses

$3,360

Mortgage P&I

77%

$1,997

Property Taxes

21%

$533

Home Insurance

6%

$154

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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