REI Lense

REI Lense

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$3,030 (target)

8 Lee Brook Drive, Ledyard, CT 06339

3 beds • 2 baths • 1558 sqft

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This property looks like a bad Long-Term investment with a projected -7.62% first-year return on $91,161 initial cash invested.

-7.62%

Cash On Cash

4.81%

Cap Rate

0.8

DSCR

$3,030

Rent

-$579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,030 income − $3,609 expenses = $579 out of pocket

Income$3,030Out of Pocket$579Mortgage P&I$2,16772%Property Taxes$51717%Insurance$1364%Management$30310%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,161

Downpayment

20%

$86,820

Closing costs

1%

$4,341

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,030

Total Expenses

$3,609

Mortgage P&I

72%

$2,167

Property Taxes

17%

$517

Home Insurance

4%

$136

HOA

0%

$0

Property Management

10%

$303

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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