REI Lense

REI Lense

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$3,455 (target)

315 Seabreeze Drive, Stratford, CT 06614

3 beds • 3 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $103k initial cash invested.

-9.17%

Cash On Cash

4.67%

Cap Rate

0.76

DSCR

$3,455

Rent

-$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,455 income − $4,238 expenses = $783 out of pocket

Income$3,455Out of Pocket$783Mortgage P&I$2,50973%Property Taxes$62018%Insurance$2106%Management$34610%CapEx$1735%Vacancy$2076%Maintenance$1735%

Investment Breakdown

|

Purchase Price

$488k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$97,620

Closing costs

1%

$4,881

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,455

Total Expenses

$4,238

Mortgage P&I

73%

$2,509

Property Taxes

18%

$620

Home Insurance

6%

$210

HOA

0%

$0

Property Management

10%

$346

CapEx

5%

$173

Vacancy

6%

$207

Maintenance

5%

$173

Other

0%

$0

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