REI Lense

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$4,748 (target)

1939 Main Street, Newington, CT 06111

3 beds • 4 baths • 2108 sqft

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This property looks like a bad Mid-Term investment with a projected -5.77% first-year return on $136k initial cash invested.

-5.77%

Cash On Cash

5.08%

Cap Rate

0.84

DSCR

$4,748

Rent

-$655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,748 income − $5,403 expenses = $655 out of pocket

Income$4,748Out of Pocket$655Mortgage P&I$2,84960%Property Taxes$75616%Insurance$1844%Management$57012%CapEx$1904%Vacancy$1423%Maintenance$1904%Other$52211%

Investment Breakdown

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Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,634

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,748

Total Expenses

$5,403

Mortgage P&I

60%

$2,849

Property Taxes

16%

$756

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$570

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

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