REI Lense

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$3,846 (target)

51 Mount Vernon Avenue, Waterbury, CT 06708

3 beds • 2 baths • 1976 sqft

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This property looks like a bad Mid-Term investment with a projected -0.95% first-year return on $93,789 initial cash invested.

-0.95%

Cash On Cash

6.43%

Cap Rate

1.04

DSCR

$3,846

Rent

-$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,846 income − $3,920 expenses = $74 out of pocket

Income$3,846Out of Pocket$74Mortgage P&I$1,85448%Property Taxes$63617%Insurance$1223%Management$46212%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,789

Downpayment

20%

$72,180

Closing costs

1%

$3,609

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,846

Total Expenses

$3,920

Mortgage P&I

48%

$1,854

Property Taxes

17%

$636

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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