REI Lense

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$4,411 (target)

2 Merrywood, Simsbury, CT 06070

3 beds • 4 baths • 2568 sqft

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This property looks like a bad Long-Term investment with a projected -7.25% first-year return on $122k initial cash invested.

-7.25%

Cash On Cash

4.9%

Cap Rate

0.82

DSCR

$4,411

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,411 income − $5,146 expenses = $735 out of pocket

Income$4,411Out of Pocket$735Mortgage P&I$2,87765%Property Taxes$91821%Insurance$2035%Management$44110%CapEx$2215%Vacancy$2656%Maintenance$2215%

Investment Breakdown

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Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,411

Total Expenses

$5,146

Mortgage P&I

65%

$2,877

Property Taxes

21%

$918

Home Insurance

5%

$203

HOA

0%

$0

Property Management

10%

$441

CapEx

5%

$221

Vacancy

6%

$265

Maintenance

5%

$221

Other

0%

$0

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