REI Lense

REI Lense

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$3,550 (target)

212 Carriage Lane, Torrington, CT 06790

3 beds • 2 baths • 1312 sqft

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This property might be a fair Mid-Term investment with a projected 3.79% first-year return on $78,165 initial cash invested.

3.79%

Cash On Cash

7.78%

Cap Rate

1.26

DSCR

$3,550

Rent

$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,550 income − $3,303 expenses = $247 cash flow

Income$3,550Mortgage P&I$1,46941%Property Taxes$52615%Insurance$1023%Management$42612%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%Cash Flow$247

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,165

Downpayment

20%

$57,300

Closing costs

1%

$2,865

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,550

Total Expenses

$3,303

Mortgage P&I

41%

$1,469

Property Taxes

15%

$526

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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