REI Lense

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$5,880 (target)

46 Sherman Avenue, Trumbull, CT 06611

3 beds • 3 baths • 2147 sqft

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This property looks like a bad Mid-Term investment with a projected -1.32% first-year return on $138k initial cash invested.

-1.32%

Cash On Cash

6.29%

Cap Rate

1.03

DSCR

$5,880

Rent

-$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,880 income − $6,032 expenses = $152 out of pocket

Income$5,880Out of Pocket$152Mortgage P&I$2,90249%Property Taxes$93116%Insurance$2003%Management$70612%CapEx$2354%Vacancy$1763%Maintenance$2354%Other$64711%

Investment Breakdown

|

Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,699

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,880

Total Expenses

$6,032

Mortgage P&I

49%

$2,902

Property Taxes

16%

$931

Home Insurance

3%

$200

HOA

0%

$0

Property Management

12%

$706

CapEx

4%

$235

Vacancy

3%

$176

Maintenance

4%

$235

Other

11%

$647

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