REI Lense

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$3,080 (target)

56 Terry Road, Gales Ferry, CT 06335

3 beds • 3 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -7.5% first-year return on $87,885 initial cash invested.

-7.5%

Cash On Cash

5.05%

Cap Rate

0.82

DSCR

$3,080

Rent

-$549

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $3,629 expenses = $549 out of pocket

Income$3,080Out of Pocket$549Mortgage P&I$2,15570%Property Taxes$52317%Insurance$1505%Management$30810%CapEx$1545%Vacancy$1856%Maintenance$1545%

Investment Breakdown

|

Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,885

Downpayment

20%

$83,700

Closing costs

1%

$4,185

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,080

Total Expenses

$3,629

Mortgage P&I

70%

$2,155

Property Taxes

17%

$523

Home Insurance

5%

$150

HOA

0%

$0

Property Management

10%

$308

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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