REI Lense

REI Lense

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$2,485 (target)

2 Badger Road, Wolcott, CT 06716

3 beds • 2 baths • 2680 sqft

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This property looks like a bad Long-Term investment with a projected -13.1% first-year return on $86,205 initial cash invested.

-13.1%

Cash On Cash

3.75%

Cap Rate

0.61

DSCR

$2,485

Rent

-$941

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,485 income − $3,426 expenses = $941 out of pocket

Income$2,485Out of Pocket$941Mortgage P&I$2,10185%Property Taxes$53522%Insurance$1456%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,205

Downpayment

20%

$82,100

Closing costs

1%

$4,105

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,485

Total Expenses

$3,426

Mortgage P&I

85%

$2,101

Property Taxes

22%

$535

Home Insurance

6%

$145

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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