REI Lense

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$2,974 (target)

43 Barraclough Avenue, Hamden, CT 06517

3 beds • 2 baths • 1238 sqft

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This property looks like a bad Long-Term investment with a projected -13.25% first-year return on $85,029 initial cash invested.

-13.25%

Cash On Cash

3.77%

Cap Rate

0.62

DSCR

$2,974

Rent

-$939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,974 income − $3,913 expenses = $939 out of pocket

Income$2,974Out of Pocket$939Mortgage P&I$2,06169%Property Taxes$95132%Insurance$1284%Management$29710%CapEx$1495%Vacancy$1786%Maintenance$1495%

Investment Breakdown

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Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,029

Downpayment

20%

$80,980

Closing costs

1%

$4,049

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,974

Total Expenses

$3,913

Mortgage P&I

69%

$2,061

Property Taxes

32%

$951

Home Insurance

4%

$128

HOA

0%

$0

Property Management

10%

$297

CapEx

5%

$149

Vacancy

6%

$178

Maintenance

5%

$149

Other

0%

$0

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