REI Lense

REI Lense

$4,170 (target)

61 Robbins Road, Berlin, CT 06037

3 beds • 2 baths • 1479 sqft

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This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $102k initial cash invested.

0.74%

Cash On Cash

6.84%

Cap Rate

1.11

DSCR

$4,170

Rent

$63

Cashflow

Cash Flow

$4,170 income − $4,107 expenses = $63 cash flow

Income$4,170P&I$2,05549%Taxes$49412%Insurance$1403%Mgmt$50012%CapEx$1674%Vacancy$1253%Maint.$1674%Other$45911%Cash Flow$63

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,200

Closing costs

1%

$4,010

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,170

Total Expenses

$4,107

Mortgage P&I

49%

$2,055

Property Taxes

12%

$494

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$500

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$459

See Berlin, CT mid-term rental market →

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