REI Lense

REI Lense

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$3,292 (target)

270 Clifton Street, New Haven, CT 06513

3 beds • 2 baths • 1886 sqft

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This property looks like a bad Long-Term investment with a projected -0.87% first-year return on $76,923 initial cash invested.

-0.87%

Cash On Cash

6.3%

Cap Rate

1.06

DSCR

$3,292

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,292 income − $3,348 expenses = $56 out of pocket

Income$3,292Out of Pocket$56Mortgage P&I$1,81555%Property Taxes$55717%Insurance$1194%Management$32910%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,923

Downpayment

20%

$73,260

Closing costs

1%

$3,663

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,292

Total Expenses

$3,348

Mortgage P&I

55%

$1,815

Property Taxes

17%

$557

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$329

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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