REI Lense

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$4,284 (target)

69 Discovery Road, Vernon, CT 06066

3 beds • 3 baths • 1388 sqft

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This property might be a fair Mid-Term investment with a projected 4.82% first-year return on $91,290 initial cash invested.

4.82%

Cash On Cash

8.02%

Cap Rate

1.3

DSCR

$4,284

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,284 income − $3,917 expenses = $367 cash flow

Income$4,284Mortgage P&I$1,79542%Property Taxes$54413%Insurance$1223%Management$51412%CapEx$1714%Vacancy$1293%Maintenance$1714%Other$47111%Cash Flow$367

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,284

Total Expenses

$3,917

Mortgage P&I

42%

$1,795

Property Taxes

13%

$544

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$129

Maintenance

4%

$171

Other

11%

$471

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