REI Lense

REI Lense

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$3,231 (target)

202 Meadowview Drive, Torrington, CT 06790

3 beds • 2 baths • 1962 sqft

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This property looks like a bad Long-Term investment with a projected -4.05% first-year return on $78,183 initial cash invested.

-4.05%

Cash On Cash

6.09%

Cap Rate

0.95

DSCR

$3,231

Rent

-$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,231 income − $3,495 expenses = $264 out of pocket

Income$3,231Out of Pocket$264Mortgage P&I$1,99162%Property Taxes$53216%Insurance$1314%Management$32310%CapEx$1625%Vacancy$1946%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,183

Downpayment

20%

$74,460

Closing costs

1%

$3,723

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,231

Total Expenses

$3,495

Mortgage P&I

62%

$1,991

Property Taxes

16%

$532

Home Insurance

4%

$131

HOA

0%

$0

Property Management

10%

$323

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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