REI Lense

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$3,165 (target)

364 Alling Street, Berlin, CT 06037

3 beds • 2 baths • 1182 sqft

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This property looks like a bad Mid-Term investment with a projected -5.1% first-year return on $91,479 initial cash invested.

-5.1%

Cash On Cash

5.52%

Cap Rate

0.86

DSCR

$3,165

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,165 income − $3,554 expenses = $389 out of pocket

Income$3,165Out of Pocket$389Mortgage P&I$1,87159%Property Taxes$46615%Insurance$1404%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,165

Total Expenses

$3,554

Mortgage P&I

59%

$1,871

Property Taxes

15%

$466

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

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