REI Lense

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$2,993 (target)

29 Ravenwood Road, North Stonington, CT 06359

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Long-Term investment with a projected -4.41% first-year return on $81,879 initial cash invested.

-4.41%

Cash On Cash

5.59%

Cap Rate

0.92

DSCR

$2,993

Rent

-$301

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,993 income − $3,294 expenses = $301 out of pocket

Income$2,993Out of Pocket$301Mortgage P&I$1,96666%Property Taxes$39113%Insurance$1585%Management$29910%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,993

Total Expenses

$3,294

Mortgage P&I

66%

$1,966

Property Taxes

13%

$391

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

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