REI Lense

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$3,530 (target)

58 Glenn Drive, Tolland, CT 06084

3 beds • 2 baths • 1581 sqft

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This property might be a fair Mid-Term investment with a projected 2.28% first-year return on $80,979 initial cash invested.

2.28%

Cash On Cash

7.36%

Cap Rate

1.19

DSCR

$3,530

Rent

$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,530 income − $3,376 expenses = $154 cash flow

Income$3,530Mortgage P&I$1,54544%Property Taxes$52615%Insurance$1053%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%Cash Flow$154

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,530

Total Expenses

$3,376

Mortgage P&I

44%

$1,545

Property Taxes

15%

$526

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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