REI Lense

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$4,318 (target)

30 Kanter Drive, Vernon, CT 06066

3 beds • 2 baths • 1582 sqft

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This property might be a fair Mid-Term investment with a projected 2.68% first-year return on $99,879 initial cash invested.

2.68%

Cash On Cash

7.39%

Cap Rate

1.2

DSCR

$4,318

Rent

$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,318 income − $4,095 expenses = $223 cash flow

Income$4,318Mortgage P&I$2,00646%Property Taxes$48411%Insurance$1363%Management$51812%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47511%Cash Flow$223

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,318

Total Expenses

$4,095

Mortgage P&I

46%

$2,006

Property Taxes

11%

$484

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$518

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$475

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