REI Lense

REI Lense

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$2,757 (target)

432 Ridge Road, Wethersfield, CT 06109

3 beds • 2 baths • 2120 sqft

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This property looks like a bad Long-Term investment with a projected -15.36% first-year return on $92,190 initial cash invested.

-15.36%

Cash On Cash

3.13%

Cap Rate

0.52

DSCR

$2,757

Rent

-$1,180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,757 income − $3,937 expenses = $1,180 out of pocket

Income$2,757Out of Pocket$1,180Mortgage P&I$2,18879%Property Taxes$88032%Insurance$1526%Management$27610%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,190

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,757

Total Expenses

$3,937

Mortgage P&I

79%

$2,188

Property Taxes

32%

$880

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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