REI Lense

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$3,848 (target)

211 Hanover Road, Newtown, CT 06470

3 beds • 3 baths • 2476 sqft

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This property looks like a bad Long-Term investment with a projected -20.53% first-year return on $204k initial cash invested.

-20.53%

Cash On Cash

2.08%

Cap Rate

0.34

DSCR

$3,848

Rent

-$3,498

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,848 income − $7,346 expenses = $3,498 out of pocket

Income$3,848Out of Pocket$3,498Mortgage P&I$4,991130%Property Taxes$1,00626%Insurance$3499%Management$38510%CapEx$1925%Vacancy$2316%Maintenance$1925%

Investment Breakdown

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Purchase Price

$974k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$204k

Downpayment

20%

$195k

Closing costs

1%

$9,737

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,848

Total Expenses

$7,346

Mortgage P&I

130%

$4,991

Property Taxes

26%

$1,006

Home Insurance

9%

$349

HOA

0%

$0

Property Management

10%

$385

CapEx

5%

$192

Vacancy

6%

$231

Maintenance

5%

$192

Other

0%

$0

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