REI Lense

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$2,685 (target)

47 Shannon Road, East Hartford, CT 06118

3 beds • 2 baths • 1274 sqft

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This property looks like a bad Long-Term investment with a projected -5.5% first-year return on $68,565 initial cash invested.

-5.5%

Cash On Cash

5.48%

Cap Rate

0.89

DSCR

$2,685

Rent

-$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,685 income − $2,999 expenses = $314 out of pocket

Income$2,685Out of Pocket$314Mortgage P&I$1,67262%Property Taxes$51419%Insurance$1164%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,565

Downpayment

20%

$65,300

Closing costs

1%

$3,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,685

Total Expenses

$2,999

Mortgage P&I

62%

$1,672

Property Taxes

19%

$514

Home Insurance

4%

$116

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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