REI Lense

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$4,078 (target)

40 Fairview Street, Portland, CT 06480

3 beds • 2 baths • 1304 sqft

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This property might be a fair Mid-Term investment with a projected 2.89% first-year return on $95,070 initial cash invested.

2.89%

Cash On Cash

7.51%

Cap Rate

1.21

DSCR

$4,078

Rent

$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,078 income − $3,849 expenses = $229 cash flow

Income$4,078Mortgage P&I$1,90447%Property Taxes$43811%Insurance$1213%Management$48912%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44911%Cash Flow$229

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,078

Total Expenses

$3,849

Mortgage P&I

47%

$1,904

Property Taxes

11%

$438

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$489

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$449

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