REI Lense

REI Lense

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$2,942 (target)

60 Deerfield Ridge Drive, Groton, CT 06355

3 beds • 2 baths • 2250 sqft

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This property looks like a bad Long-Term investment with a projected -7.61% first-year return on $93,324 initial cash invested.

-7.61%

Cash On Cash

4.68%

Cap Rate

0.8

DSCR

$2,942

Rent

-$592

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

$93,324

Downpayment

20%

$88,880

Closing costs

1%

$4,444

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,942

Total Expenses

$3,534

Mortgage P&I

74%

$2,177

Property Taxes

15%

$434

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$294

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

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