REI Lense

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$3,544 (target)

63 Pineridge Road, Torrington, CT 06790

3 beds • 2 baths • 1591 sqft

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This property looks like a bad Mid-Term investment with a projected -1.41% first-year return on $86,187 initial cash invested.

-1.41%

Cash On Cash

6.1%

Cap Rate

1.03

DSCR

$3,544

Rent

-$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,544 income − $3,645 expenses = $101 out of pocket

Income$3,544Out of Pocket$101Mortgage P&I$1,60945%Property Taxes$71720%Insurance$1143%Management$42512%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,187

Downpayment

20%

$64,940

Closing costs

1%

$3,247

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,544

Total Expenses

$3,645

Mortgage P&I

45%

$1,609

Property Taxes

20%

$717

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$425

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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