REI Lense

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$3,274 (target)

21 Markwood Road, Manchester, CT 06040

3 beds • 3 baths • 1556 sqft

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This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $100k initial cash invested.

-9.89%

Cash On Cash

4.32%

Cap Rate

0.72

DSCR

$3,274

Rent

-$824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,274 income − $4,098 expenses = $824 out of pocket

Income$3,274Out of Pocket$824Mortgage P&I$2,37372%Property Taxes$71022%Insurance$1645%Management$32710%CapEx$1645%Vacancy$1966%Maintenance$1645%

Investment Breakdown

|

Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$95,240

Closing costs

1%

$4,762

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,274

Total Expenses

$4,098

Mortgage P&I

72%

$2,373

Property Taxes

22%

$710

Home Insurance

5%

$164

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$164

Vacancy

6%

$196

Maintenance

5%

$164

Other

0%

$0

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