REI Lense

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$4,396 (target)

60 Rockledge Drive, Vernon, CT 06066

3 beds • 2 baths • 1144 sqft

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This property might be a fair Mid-Term investment with a projected 7.54% first-year return on $91,836 initial cash invested.

7.54%

Cash On Cash

8.58%

Cap Rate

1.43

DSCR

$4,396

Rent

$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,396 income − $3,819 expenses = $577 cash flow

Income$4,396Mortgage P&I$1,76240%Property Taxes$43510%Insurance$1263%Management$52812%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48411%Cash Flow$577

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,836

Downpayment

20%

$70,320

Closing costs

1%

$3,516

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,396

Total Expenses

$3,819

Mortgage P&I

40%

$1,762

Property Taxes

10%

$435

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$528

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$484

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