REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,548 (target)

586 Laning Street, Southington, CT 06489

3 beds • 2 baths • 1550 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.62% first-year return on $116k initial cash invested.

-2.62%

Cash On Cash

6.23%

Cap Rate

0.97

DSCR

$4,548

Rent

-$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,548 income − $4,801 expenses = $253 out of pocket

Income$4,548Out of Pocket$253Mortgage P&I$2,49355%Property Taxes$60913%Insurance$1533%Management$54612%CapEx$1824%Vacancy$1363%Maintenance$1824%Other$50011%

Investment Breakdown

|

Purchase Price

$466k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,240

Closing costs

1%

$4,662

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,548

Total Expenses

$4,801

Mortgage P&I

55%

$2,493

Property Taxes

13%

$609

Home Insurance

3%

$153

HOA

0%

$0

Property Management

12%

$546

CapEx

4%

$182

Vacancy

3%

$136

Maintenance

4%

$182

Other

11%

$500

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis