REI Lense

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$2,778 (target)

68 Wakeley Road, Newington, CT 06111

3 beds • 2 baths • 2046 sqft

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This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $90,720 initial cash invested.

-13.28%

Cash On Cash

4.04%

Cap Rate

0.63

DSCR

$2,778

Rent

-$1,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,778 income − $3,782 expenses = $1,004 out of pocket

Income$2,778Out of Pocket$1,004Mortgage P&I$2,31883%Property Taxes$60122%Insurance$1405%Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$432k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,720

Downpayment

20%

$86,400

Closing costs

1%

$4,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,778

Total Expenses

$3,782

Mortgage P&I

83%

$2,318

Property Taxes

22%

$601

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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