REI Lense

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$2,842 (target)

33 Shady Crest Road, Meriden, CT 06450

3 beds • 2 baths • 1226 sqft

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This property looks like a bad Long-Term investment with a projected -6.78% first-year return on $77,868 initial cash invested.

-6.78%

Cash On Cash

5.18%

Cap Rate

0.84

DSCR

$2,842

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,842 income − $3,282 expenses = $440 out of pocket

Income$2,842Out of Pocket$440Mortgage P&I$1,89967%Property Taxes$52218%Insurance$1224%Management$28410%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,868

Downpayment

20%

$74,160

Closing costs

1%

$3,708

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,842

Total Expenses

$3,282

Mortgage P&I

67%

$1,899

Property Taxes

18%

$522

Home Insurance

4%

$122

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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