REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,521 (target)

68 Farmingdale Road, Wethersfield, CT 06109

3 beds • 3 baths • 1580 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3% first-year return on $112k initial cash invested.

-3%

Cash On Cash

5.91%

Cap Rate

0.96

DSCR

$4,521

Rent

-$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,521 income − $4,802 expenses = $281 out of pocket

Income$4,521Out of Pocket$281Mortgage P&I$2,31451%Property Taxes$79218%Insurance$1583%Management$54312%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49711%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,521

Total Expenses

$4,802

Mortgage P&I

51%

$2,314

Property Taxes

18%

$792

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$543

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$497

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis