REI Lense

REI Lense

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$5,940 (target)

23 Button Road, Shelton, CT 06484

3 beds • 3 baths • 2058 sqft

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This property might be a fair Mid-Term investment with a projected 4.27% first-year return on $138k initial cash invested.

4.27%

Cash On Cash

7.53%

Cap Rate

1.26

DSCR

$5,940

Rent

$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$569k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,693

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,940

Total Expenses

$5,450

Mortgage P&I

48%

$2,846

Property Taxes

6%

$384

Home Insurance

3%

$200

HOA

0%

$0

Property Management

12%

$713

CapEx

4%

$238

Vacancy

3%

$178

Maintenance

4%

$238

Other

11%

$653

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