REI Lense

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$3,014 (target)

68 Farmingdale Road, Wethersfield, CT 06109

3 beds • 3 baths • 1580 sqft

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This property looks like a bad Long-Term investment with a projected -13.13% first-year return on $94,479 initial cash invested.

-13.13%

Cash On Cash

3.82%

Cap Rate

0.62

DSCR

$3,014

Rent

-$1,034

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,014 income − $4,048 expenses = $1,034 out of pocket

Income$3,014Out of Pocket$1,034Mortgage P&I$2,31477%Property Taxes$79226%Insurance$1585%Management$30110%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,479

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,014

Total Expenses

$4,048

Mortgage P&I

77%

$2,314

Property Taxes

26%

$792

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$301

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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