REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,352 (target)

246 Turkey Roost Road, Monroe, CT 06468

3 beds • 2 baths • 2642 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.64% first-year return on $129k initial cash invested.

2.64%

Cash On Cash

7.53%

Cap Rate

1.19

DSCR

$6,352

Rent

$285

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,352 income − $6,067 expenses = $285 cash flow

Income$6,352Mortgage P&I$2,79044%Property Taxes$93215%Insurance$1853%Management$76212%CapEx$2544%Vacancy$1913%Maintenance$2544%Other$69911%Cash Flow$285

Investment Breakdown

|

Purchase Price

$531k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,308

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,352

Total Expenses

$6,067

Mortgage P&I

44%

$2,790

Property Taxes

15%

$932

Home Insurance

3%

$185

HOA

0%

$0

Property Management

12%

$762

CapEx

4%

$254

Vacancy

3%

$191

Maintenance

4%

$254

Other

11%

$699

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis