REI Lense

REI Lense

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$4,075 (target)

530 Bloomfield Avenue, Bloomfield, CT 06002

3 beds • 3 baths • 2421 sqft

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This property looks like a bad Long-Term investment with a projected -8.11% first-year return on $114k initial cash invested.

-8.11%

Cash On Cash

4.61%

Cap Rate

0.79

DSCR

$4,075

Rent

-$773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$109k

Closing costs

1%

$5,445

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,075

Total Expenses

$4,848

Mortgage P&I

65%

$2,663

Property Taxes

23%

$933

Home Insurance

5%

$192

HOA

0%

$0

Property Management

10%

$408

CapEx

5%

$204

Vacancy

6%

$244

Maintenance

5%

$204

Other

0%

$0

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