REI Lense

REI Lense

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$2,742 (target)

75 Airline Road, Clinton, CT 06413

3 beds • 2 baths • 1772 sqft

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This property looks like a bad Long-Term investment with a projected -7.05% first-year return on $81,165 initial cash invested.

-7.05%

Cash On Cash

5%

Cap Rate

0.83

DSCR

$2,742

Rent

-$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,742 income − $3,219 expenses = $477 out of pocket

Income$2,742Out of Pocket$477Mortgage P&I$1,95271%Property Taxes$42115%Insurance$1335%Management$27410%CapEx$1375%Vacancy$1656%Maintenance$1375%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,165

Downpayment

20%

$77,300

Closing costs

1%

$3,865

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,742

Total Expenses

$3,219

Mortgage P&I

71%

$1,952

Property Taxes

15%

$421

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$165

Maintenance

5%

$137

Other

0%

$0

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