REI Lense

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$3,442 (target)

36 Wheeler Drive, Enfield, CT 06082

3 beds • 2 baths • 1252 sqft

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This property looks like a bad Mid-Term investment with a projected -3.59% first-year return on $102k initial cash invested.

-3.59%

Cash On Cash

5.64%

Cap Rate

0.92

DSCR

$3,442

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,442 income − $3,747 expenses = $305 out of pocket

Income$3,442Out of Pocket$305Mortgage P&I$2,05060%Property Taxes$35810%Insurance$1404%HOA$281%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,060

Closing costs

1%

$4,003

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$3,747

Mortgage P&I

60%

$2,050

Property Taxes

10%

$358

Home Insurance

4%

$140

HOA

1%

$28

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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