REI Lense

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$3,865 (target)

271 Forsyth Road, Salem, CT 06420

3 beds • 3 baths • 2556 sqft

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This property looks like a bad Long-Term investment with a projected -11.25% first-year return on $126k initial cash invested.

-11.25%

Cash On Cash

4.25%

Cap Rate

0.68

DSCR

$3,865

Rent

-$1,182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,865 income − $5,047 expenses = $1,182 out of pocket

Income$3,865Out of Pocket$1,182Mortgage P&I$3,11681%Property Taxes$69918%Insurance$2286%Management$38610%CapEx$1935%Vacancy$2326%Maintenance$1935%

Investment Breakdown

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Purchase Price

$601k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,005

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,865

Total Expenses

$5,047

Mortgage P&I

81%

$3,116

Property Taxes

18%

$699

Home Insurance

6%

$228

HOA

0%

$0

Property Management

10%

$386

CapEx

5%

$193

Vacancy

6%

$232

Maintenance

5%

$193

Other

0%

$0

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