REI Lense

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$3,283 (target)

58 Myra Road, Hamden, CT 06517

3 beds • 2 baths • 1790 sqft

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This property looks like a bad Long-Term investment with a projected -15.52% first-year return on $112k initial cash invested.

-15.52%

Cash On Cash

3.06%

Cap Rate

0.51

DSCR

$3,283

Rent

-$1,455

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,283 income − $4,738 expenses = $1,455 out of pocket

Income$3,283Out of Pocket$1,455Mortgage P&I$2,65581%Property Taxes$1,07633%Insurance$1545%Management$32810%CapEx$1645%Vacancy$1976%Maintenance$1645%

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,283

Total Expenses

$4,738

Mortgage P&I

81%

$2,655

Property Taxes

33%

$1,076

Home Insurance

5%

$154

HOA

0%

$0

Property Management

10%

$328

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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