REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,402 (target)

37 Cranberry Lane, Middletown, CT 06457

3 beds • 4 baths • 3644 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $157k initial cash invested.

-3.68%

Cash On Cash

5.76%

Cap Rate

0.93

DSCR

$6,402

Rent

-$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,402 income − $6,882 expenses = $480 out of pocket

Income$6,402Out of Pocket$480Mortgage P&I$3,39353%Property Taxes$1,09617%Insurance$2173%Management$76812%CapEx$2564%Vacancy$1923%Maintenance$2564%Other$70411%

Investment Breakdown

|

Purchase Price

$660k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$132k

Closing costs

1%

$6,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,402

Total Expenses

$6,882

Mortgage P&I

53%

$3,393

Property Taxes

17%

$1,096

Home Insurance

3%

$217

HOA

0%

$0

Property Management

12%

$768

CapEx

4%

$256

Vacancy

3%

$192

Maintenance

4%

$256

Other

11%

$704

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis