REI Lense

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$5,115 (target)

28 Prospect St, Bloomfield, CT 06002

3 beds • 1.5 baths • 1488 sqft

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This property could be a profitable Mid-Term investment with a projected 14.56% first-year return on $89,862 initial cash invested.

14.56%

Cash On Cash

10.45%

Cap Rate

1.77

DSCR

$5,115

Rent

$1,090

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,862

Downpayment

20%

$68,440

Closing costs

1%

$3,422

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,115

Total Expenses

$4,025

Mortgage P&I

33%

$1,686

Property Taxes

9%

$479

Home Insurance

2%

$120

HOA

0%

$0

Property Management

12%

$614

CapEx

4%

$205

Vacancy

3%

$153

Maintenance

4%

$205

Other

11%

$563

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