REI Lense

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$4,144 (target)

18 High Ridge Drive, Waterford, CT 06385

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Mid-Term investment with a projected -3.65% first-year return on $119k initial cash invested.

-3.65%

Cash On Cash

5.54%

Cap Rate

0.92

DSCR

$4,144

Rent

-$361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,144 income − $4,505 expenses = $361 out of pocket

Income$4,144Out of Pocket$361Mortgage P&I$2,41358%Property Taxes$51312%Insurance$1704%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,000

Closing costs

1%

$4,800

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,144

Total Expenses

$4,505

Mortgage P&I

58%

$2,413

Property Taxes

12%

$513

Home Insurance

4%

$170

HOA

0%

$0

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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