REI Lense

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$4,254 (target)

331 Tunxis Ave, Bloomfield, CT 06002

3 beds • 1.5 baths • 1485 sqft

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This property might be a fair Mid-Term investment with a projected 7.84% first-year return on $88,119 initial cash invested.

7.84%

Cash On Cash

8.91%

Cap Rate

1.43

DSCR

$4,254

Rent

$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,254 income − $3,678 expenses = $576 cash flow

Income$4,254Mortgage P&I$1,73341%Property Taxes$3829%Insurance$1173%Management$51012%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$576

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,119

Downpayment

20%

$66,780

Closing costs

1%

$3,339

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,254

Total Expenses

$3,678

Mortgage P&I

41%

$1,733

Property Taxes

9%

$382

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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