REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,046 (target)

32 Sunset Terrace, Essex, CT 06426

3 beds • 3 baths • 1370 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.14% first-year return on $144k initial cash invested.

-2.14%

Cash On Cash

5.85%

Cap Rate

0.98

DSCR

$5,046

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,046 income − $5,303 expenses = $257 out of pocket

Income$5,046Out of Pocket$257Mortgage P&I$2,97659%Property Taxes$4018%Insurance$2104%Management$60612%CapEx$2024%Vacancy$1513%Maintenance$2024%Other$55511%

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,046

Total Expenses

$5,303

Mortgage P&I

59%

$2,976

Property Taxes

8%

$401

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$606

CapEx

4%

$202

Vacancy

3%

$151

Maintenance

4%

$202

Other

11%

$555

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis