REI Lense

REI Lense

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$2,814 (target)

36 Park Road, Colchester, CT 06415

3 beds • 2 baths • 1524 sqft

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This property looks like a bad Long-Term investment with a projected -8.79% first-year return on $92,379 initial cash invested.

-8.79%

Cash On Cash

4.52%

Cap Rate

0.76

DSCR

$2,814

Rent

-$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,814 income − $3,491 expenses = $677 out of pocket

Income$2,814Out of Pocket$677Mortgage P&I$2,19378%Property Taxes$41215%Insurance$1545%Management$28110%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,379

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,814

Total Expenses

$3,491

Mortgage P&I

78%

$2,193

Property Taxes

15%

$412

Home Insurance

5%

$154

HOA

0%

$0

Property Management

10%

$281

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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