REI Lense

REI Lense

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$3,064 (target)

206 West Lake Avenue, Guilford, CT 06437

3 beds • 2 baths • 1708 sqft

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This property looks like a bad Long-Term investment with a projected -9.26% first-year return on $86,079 initial cash invested.

-9.26%

Cash On Cash

4.92%

Cap Rate

0.77

DSCR

$3,064

Rent

-$664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,064 income − $3,728 expenses = $664 out of pocket

Income$3,064Out of Pocket$664Mortgage P&I$2,19272%Property Taxes$59619%Insurance$1445%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,064

Total Expenses

$3,728

Mortgage P&I

72%

$2,192

Property Taxes

19%

$596

Home Insurance

5%

$144

HOA

0%

$0

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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