REI Lense

REI Lense

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$2,553 (target)

45 Sandy Lane, Wolcott, CT 06716

3 beds • 3 baths • 2016 sqft

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This property looks like a bad Long-Term investment with a projected -14.07% first-year return on $94,605 initial cash invested.

-14.07%

Cash On Cash

3.19%

Cap Rate

0.55

DSCR

$2,553

Rent

-$1,109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,605

Downpayment

20%

$90,100

Closing costs

1%

$4,505

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,553

Total Expenses

$3,662

Mortgage P&I

85%

$2,180

Property Taxes

25%

$650

Home Insurance

7%

$168

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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