REI Lense

REI Lense

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$3,189 (target)

50 Glendale Street, Hamden, CT 06517

3 beds • 2 baths • 1328 sqft

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This property looks like a bad Long-Term investment with a projected -11.43% first-year return on $89,355 initial cash invested.

-11.43%

Cash On Cash

4.47%

Cap Rate

0.7

DSCR

$3,189

Rent

-$851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,189 income − $4,040 expenses = $851 out of pocket

Income$3,189Out of Pocket$851Mortgage P&I$2,27671%Property Taxes$81726%Insurance$1194%Management$31910%CapEx$1595%Vacancy$1916%Maintenance$1595%

Investment Breakdown

|

Purchase Price

$426k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,355

Downpayment

20%

$85,100

Closing costs

1%

$4,255

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,189

Total Expenses

$4,040

Mortgage P&I

71%

$2,276

Property Taxes

26%

$817

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$319

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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