REI Lense

REI Lense

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$3,230 (target)

409 Torringford East Street, Torrington, CT 06790

3 beds • 3 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -4.49% first-year return on $80,661 initial cash invested.

-4.49%

Cash On Cash

5.91%

Cap Rate

0.93

DSCR

$3,230

Rent

-$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,230 income − $3,532 expenses = $302 out of pocket

Income$3,230Out of Pocket$302Mortgage P&I$2,03263%Property Taxes$52316%Insurance$1364%Management$32310%CapEx$1625%Vacancy$1946%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,661

Downpayment

20%

$76,820

Closing costs

1%

$3,841

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,230

Total Expenses

$3,532

Mortgage P&I

63%

$2,032

Property Taxes

16%

$523

Home Insurance

4%

$136

HOA

0%

$0

Property Management

10%

$323

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

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