REI Lense

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$3,606 (target)

36 Maple Street, Griswold, CT 06351

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Mid-Term investment with a projected -1.67% first-year return on $99,690 initial cash invested.

-1.67%

Cash On Cash

6.2%

Cap Rate

1

DSCR

$3,606

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,606 income − $3,745 expenses = $139 out of pocket

Income$3,606Out of Pocket$139Mortgage P&I$2,00456%Property Taxes$37911%Insurance$1364%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,606

Total Expenses

$3,745

Mortgage P&I

56%

$2,004

Property Taxes

11%

$379

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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