REI Lense

REI Lense

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$4,413 (target)

60 Deerfield Ridge Drive, Groton, CT 06355

3 beds • 2 baths • 2250 sqft

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This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $111k initial cash invested.

1.54%

Cash On Cash

6.74%

Cap Rate

1.15

DSCR

$4,413

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,880

Closing costs

1%

$4,444

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,413

Total Expenses

$4,270

Mortgage P&I

49%

$2,177

Property Taxes

10%

$434

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$132

Maintenance

4%

$177

Other

11%

$485

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