REI Lense

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$3,176 (target)

4 Long View Drive, Simsbury, CT 06070

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -9.8% first-year return on $99,876 initial cash invested.

-9.8%

Cash On Cash

4.38%

Cap Rate

0.73

DSCR

$3,176

Rent

-$816

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,176 income − $3,992 expenses = $816 out of pocket

Income$3,176Out of Pocket$816Mortgage P&I$2,39475%Property Taxes$65921%Insurance$1124%Management$31810%CapEx$1595%Vacancy$1916%Maintenance$1595%

Investment Breakdown

|

Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,876

Downpayment

20%

$95,120

Closing costs

1%

$4,756

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,176

Total Expenses

$3,992

Mortgage P&I

75%

$2,394

Property Taxes

21%

$659

Home Insurance

4%

$112

HOA

0%

$0

Property Management

10%

$318

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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