REI Lense

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$4,107 (target)

22 Kingwood Place, New Britain, CT 06053

3 beds • 2 baths • 1757 sqft

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This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $99,354 initial cash invested.

-0.64%

Cash On Cash

6.57%

Cap Rate

1.06

DSCR

$4,107

Rent

-$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,107 income − $4,160 expenses = $53 out of pocket

Income$4,107Out of Pocket$53Mortgage P&I$2,01049%Property Taxes$61415%Insurance$1403%Management$49312%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45211%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,354

Downpayment

20%

$77,480

Closing costs

1%

$3,874

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,107

Total Expenses

$4,160

Mortgage P&I

49%

$2,010

Property Taxes

15%

$614

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$493

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$452

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