REI Lense

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$3,247 (target)

85 Ford Street, Hamden, CT 06517

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -10.05% first-year return on $77,154 initial cash invested.

-10.05%

Cash On Cash

4.86%

Cap Rate

0.75

DSCR

$3,247

Rent

-$646

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,247 income − $3,893 expenses = $646 out of pocket

Income$3,247Out of Pocket$646Mortgage P&I$1,97161%Property Taxes$95229%Insurance$1264%Management$32510%CapEx$1625%Vacancy$1956%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,247

Total Expenses

$3,893

Mortgage P&I

61%

$1,971

Property Taxes

29%

$952

Home Insurance

4%

$126

HOA

0%

$0

Property Management

10%

$325

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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