REI Lense

REI Lense

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$3,223 (target)

21 Perkins Drive, Wallingford, CT 06492

3 beds • 3 baths • 1811 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $99,750 initial cash invested.

-12.1%

Cash On Cash

4.28%

Cap Rate

0.67

DSCR

$3,223

Rent

-$1,006

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,223 income − $4,229 expenses = $1,006 out of pocket

Income$3,223Out of Pocket$1,006Mortgage P&I$2,54079%Property Taxes$68621%Insurance$1665%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,750

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,223

Total Expenses

$4,229

Mortgage P&I

79%

$2,540

Property Taxes

21%

$686

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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