REI Lense

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$6,012 (target)

692 Elm Street, Monroe, CT 06468

3 beds • 2 baths • 2139 sqft

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This property looks like a bad Mid-Term investment with a projected -3.38% first-year return on $154k initial cash invested.

-3.38%

Cash On Cash

5.89%

Cap Rate

0.94

DSCR

$6,012

Rent

-$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,012 income − $6,447 expenses = $435 out of pocket

Income$6,012Out of Pocket$435Mortgage P&I$3,38556%Property Taxes$79213%Insurance$2284%Management$72112%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$66111%

Investment Breakdown

|

Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,499

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,012

Total Expenses

$6,447

Mortgage P&I

56%

$3,385

Property Taxes

13%

$792

Home Insurance

4%

$228

HOA

0%

$0

Property Management

12%

$721

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$661

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