REI Lense

REI Lense

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$2,564 (target)

51 Mount Vernon Avenue, Waterbury, CT 06708

3 beds • 2 baths • 1976 sqft

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This property looks like a bad Long-Term investment with a projected -11.31% first-year return on $75,789 initial cash invested.

-11.31%

Cash On Cash

4.22%

Cap Rate

0.68

DSCR

$2,564

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,564 income − $3,278 expenses = $714 out of pocket

Income$2,564Out of Pocket$714Mortgage P&I$1,85472%Property Taxes$63625%Insurance$1225%Management$25610%CapEx$1285%Vacancy$1546%Maintenance$1285%

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,789

Downpayment

20%

$72,180

Closing costs

1%

$3,609

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,564

Total Expenses

$3,278

Mortgage P&I

72%

$1,854

Property Taxes

25%

$636

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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