REI Lense

REI Lense

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$4,349 (target)

20 Acre Lane, Ridgefield, CT 06877

3 beds • 2 baths • 2006 sqft

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This property looks like a bad Long-Term investment with a projected -14.09% first-year return on $158k initial cash invested.

-14.09%

Cash On Cash

3.72%

Cap Rate

0.59

DSCR

$4,349

Rent

-$1,854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,349 income − $6,203 expenses = $1,854 out of pocket

Income$4,349Out of Pocket$1,854Mortgage P&I$3,96791%Property Taxes$82619%Insurance$2806%Management$43510%CapEx$2175%Vacancy$2616%Maintenance$2175%

Investment Breakdown

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Purchase Price

$752k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,520

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,349

Total Expenses

$6,203

Mortgage P&I

91%

$3,967

Property Taxes

19%

$826

Home Insurance

6%

$280

HOA

0%

$0

Property Management

10%

$435

CapEx

5%

$217

Vacancy

6%

$261

Maintenance

5%

$217

Other

0%

$0

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