REI Lense

REI Lense

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$2,775 (target)

269 Hills Street, East Hartford, CT 06118

3 beds • 2 baths • 1933 sqft

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This property looks like a bad Long-Term investment with a projected -10.27% first-year return on $82,509 initial cash invested.

-10.27%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$2,775

Rent

-$706

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,775 income − $3,481 expenses = $706 out of pocket

Income$2,775Out of Pocket$706Mortgage P&I$2,02173%Property Taxes$60222%Insurance$1365%Management$27810%CapEx$1395%Vacancy$1666%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,509

Downpayment

20%

$78,580

Closing costs

1%

$3,929

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,775

Total Expenses

$3,481

Mortgage P&I

73%

$2,021

Property Taxes

22%

$602

Home Insurance

5%

$136

HOA

0%

$0

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$166

Maintenance

5%

$139

Other

0%

$0

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