REI Lense

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$2,767 (target)

33 Elton Drive, Newington, CT 06111

3 beds • 2 baths • 1342 sqft

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This property looks like a bad Long-Term investment with a projected -8.2% first-year return on $83,706 initial cash invested.

-8.2%

Cash On Cash

4.87%

Cap Rate

0.79

DSCR

$2,767

Rent

-$572

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,767 income − $3,339 expenses = $572 out of pocket

Income$2,767Out of Pocket$572Mortgage P&I$2,05074%Property Taxes$43116%Insurance$1395%Management$27710%CapEx$1385%Vacancy$1666%Maintenance$1385%

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,706

Downpayment

20%

$79,720

Closing costs

1%

$3,986

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,767

Total Expenses

$3,339

Mortgage P&I

74%

$2,050

Property Taxes

16%

$431

Home Insurance

5%

$139

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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