REI Lense

REI Lense

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$2,761 (target)

312 Old Point Rd, Milford, CT 06460

beds • baths • sqft

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This property could be a profitable Long-Term investment with a projected 19.02% first-year return on $49,350 initial cash invested.

19.02%

Cash On Cash

10.98%

Cap Rate

1.75

DSCR

$2,761

Rent

$782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,761 income − $1,979 expenses = $782 cash flow

Income$2,761Mortgage P&I$1,23145%Property Taxes$261%Insurance$4Management$27610%CapEx$1385%Vacancy$1666%Maintenance$1385%Cash Flow$782

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,761

Total Expenses

$1,979

Mortgage P&I

45%

$1,231

Property Taxes

1%

$26

Home Insurance

0%

$4

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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