REI Lense

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$5,805 (target)

63 Hunting Ridge Drive, Groton, CT 06355

3 beds • 3 baths • 1644 sqft

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This property might be a fair Mid-Term investment with a projected 4.45% first-year return on $126k initial cash invested.

4.45%

Cash On Cash

7.78%

Cap Rate

1.27

DSCR

$5,805

Rent

$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,805 income − $5,338 expenses = $467 cash flow

Income$5,805Mortgage P&I$2,63645%Property Taxes$5329%Insurance$1963%Management$69712%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63911%Cash Flow$467

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,146

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,805

Total Expenses

$5,338

Mortgage P&I

45%

$2,636

Property Taxes

9%

$532

Home Insurance

3%

$196

HOA

0%

$0

Property Management

12%

$697

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$639

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