REI Lense

REI Lense

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$5,217 (target)

8 Brockett Road, Wallingford, CT 06492

3 beds • 3 baths • 2394 sqft

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This property looks like a bad Mid-Term investment with a projected -6.22% first-year return on $155k initial cash invested.

-6.22%

Cash On Cash

4.84%

Cap Rate

0.82

DSCR

$5,217

Rent

-$805

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$653k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$131k

Closing costs

1%

$6,533

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,217

Total Expenses

$6,022

Mortgage P&I

62%

$3,229

Property Taxes

15%

$780

Home Insurance

5%

$238

HOA

0%

$0

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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