REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,575 (target)

62 Farmington Avenue, Plainville, CT 06062

3 beds • 2 baths • 1310 sqft

Email

This property looks like a bad Long-Term investment with a projected -0.92% first-year return on $65,289 initial cash invested.

-0.92%

Cash On Cash

6.25%

Cap Rate

1.05

DSCR

$2,575

Rent

-$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,575 income − $2,625 expenses = $50 out of pocket

Income$2,575Out of Pocket$50Mortgage P&I$1,54160%Property Taxes$30612%Insurance$1084%Management$25810%CapEx$1295%Vacancy$1546%Maintenance$1295%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,289

Downpayment

20%

$62,180

Closing costs

1%

$3,109

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,575

Total Expenses

$2,625

Mortgage P&I

60%

$1,541

Property Taxes

12%

$306

Home Insurance

4%

$108

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis