REI Lense

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$4,150 (target)

775 Nott Street, Wethersfield, CT 06109

3 beds • 2 baths • 960 sqft

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This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $95,175 initial cash invested.

-1.19%

Cash On Cash

6.37%

Cap Rate

1.04

DSCR

$4,150

Rent

-$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,150 income − $4,244 expenses = $94 out of pocket

Income$4,150Out of Pocket$94Mortgage P&I$1,87945%Property Taxes$82220%Insurance$1333%Management$49812%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%

Investment Breakdown

|

Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,175

Downpayment

20%

$73,500

Closing costs

1%

$3,675

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,150

Total Expenses

$4,244

Mortgage P&I

45%

$1,879

Property Taxes

20%

$822

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$498

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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