REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,851 (target)

29 Bingham Road, Canterbury, CT 06331

3 beds • 2 baths • 1944 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $93,786 initial cash invested.

-8.52%

Cash On Cash

4.6%

Cap Rate

0.77

DSCR

$2,851

Rent

-$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,851 income − $3,517 expenses = $666 out of pocket

Income$2,851Out of Pocket$666Mortgage P&I$2,23678%Property Taxes$38113%Insurance$1586%Management$28510%CapEx$1435%Vacancy$1716%Maintenance$1435%

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,786

Downpayment

20%

$89,320

Closing costs

1%

$4,466

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,851

Total Expenses

$3,517

Mortgage P&I

78%

$2,236

Property Taxes

13%

$381

Home Insurance

6%

$158

HOA

0%

$0

Property Management

10%

$285

CapEx

5%

$143

Vacancy

6%

$171

Maintenance

5%

$143

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis