REI Lense

REI Lense

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$3,427 (target)

79 Orchard Street, Glastonbury, CT 06033

3 beds • 3 baths • 2056 sqft

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This property looks like a bad Long-Term investment with a projected -14.64% first-year return on $125k initial cash invested.

-14.64%

Cash On Cash

3.38%

Cap Rate

0.55

DSCR

$3,427

Rent

-$1,525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,427 income − $4,952 expenses = $1,525 out of pocket

Income$3,427Out of Pocket$1,525Mortgage P&I$3,03088%Property Taxes$82124%Insurance$2106%Management$34310%CapEx$1715%Vacancy$2066%Maintenance$1715%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$119k

Closing costs

1%

$5,952

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,427

Total Expenses

$4,952

Mortgage P&I

88%

$3,030

Property Taxes

24%

$821

Home Insurance

6%

$210

HOA

0%

$0

Property Management

10%

$343

CapEx

5%

$171

Vacancy

6%

$206

Maintenance

5%

$171

Other

0%

$0

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