REI Lense

REI Lense

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$5,769 (target)

75 Heather Glen Lane, Groton, CT 06355

3 beds • 3 baths • 1942 sqft

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This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $138k initial cash invested.

1.08%

Cash On Cash

6.84%

Cap Rate

1.12

DSCR

$5,769

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,700

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,769

Total Expenses

$5,645

Mortgage P&I

50%

$2,892

Property Taxes

10%

$591

Home Insurance

3%

$200

HOA

0%

$0

Property Management

12%

$692

CapEx

4%

$231

Vacancy

3%

$173

Maintenance

4%

$231

Other

11%

$635

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