REI Lense

REI Lense

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$3,945 (target)

53 Two Mile Road, Farmington, CT 06032

3 beds • 2 baths • 3672 sqft

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This property looks like a bad Long-Term investment with a projected -5.15% first-year return on $98,091 initial cash invested.

-5.15%

Cash On Cash

6.19%

Cap Rate

0.91

DSCR

$3,945

Rent

-$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,945 income − $4,366 expenses = $421 out of pocket

Income$3,945Out of Pocket$421Mortgage P&I$2,63567%Property Taxes$51413%Insurance$1925%Management$39410%CapEx$1975%Vacancy$2376%Maintenance$1975%

Investment Breakdown

|

Purchase Price

$467k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,091

Downpayment

20%

$93,420

Closing costs

1%

$4,671

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,945

Total Expenses

$4,366

Mortgage P&I

67%

$2,635

Property Taxes

13%

$514

Home Insurance

5%

$192

HOA

0%

$0

Property Management

10%

$394

CapEx

5%

$197

Vacancy

6%

$237

Maintenance

5%

$197

Other

0%

$0

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