REI Lense

REI Lense

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$4,356 (target)

66 Berkshire Drive, Middletown, CT 06032

3 beds • 2 baths • 1782 sqft

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This property looks like a bad Long-Term investment with a projected -2.14% first-year return on $111k initial cash invested.

-2.14%

Cash On Cash

6.09%

Cap Rate

1.01

DSCR

$4,356

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,356 income − $4,555 expenses = $199 out of pocket

Income$4,356Out of Pocket$199Mortgage P&I$2,67361%Property Taxes$58113%Insurance$1684%Management$43610%CapEx$2185%Vacancy$2616%Maintenance$2185%

Investment Breakdown

|

Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,303

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,356

Total Expenses

$4,555

Mortgage P&I

61%

$2,673

Property Taxes

13%

$581

Home Insurance

4%

$168

HOA

0%

$0

Property Management

10%

$436

CapEx

5%

$218

Vacancy

6%

$261

Maintenance

5%

$218

Other

0%

$0

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