REI Lense

REI Lense

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$3,830 (target)

45 Sandy Lane, Wolcott, CT 06716

3 beds • 3 baths • 2016 sqft

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This property looks like a bad Mid-Term investment with a projected -5.01% first-year return on $113k initial cash invested.

-5.01%

Cash On Cash

4.96%

Cap Rate

0.85

DSCR

$3,830

Rent

-$470

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

$113k

Downpayment

20%

$90,100

Closing costs

1%

$4,505

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,830

Total Expenses

$4,300

Mortgage P&I

57%

$2,180

Property Taxes

17%

$650

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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