REI Lense

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$4,058 (target)

63 Midland Rd, Coventry, CT 06238

3 beds • 2 baths • 1236 sqft

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This property looks like a bad Mid-Term investment with a projected -3.52% first-year return on $112k initial cash invested.

-3.52%

Cash On Cash

5.72%

Cap Rate

0.93

DSCR

$4,058

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,058 income − $4,386 expenses = $328 out of pocket

Income$4,058Out of Pocket$328Mortgage P&I$2,29657%Property Taxes$55514%Insurance$1564%Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%

Investment Breakdown

|

Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,360

Closing costs

1%

$4,468

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,058

Total Expenses

$4,386

Mortgage P&I

57%

$2,296

Property Taxes

14%

$555

Home Insurance

4%

$156

HOA

0%

$0

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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