REI Lense

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$4,193 (target)

85 Old Colony Rd, Monroe, CT 06468

3 beds • 3 baths • 2928 sqft

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This property looks like a bad Long-Term investment with a projected -14.09% first-year return on $151k initial cash invested.

-14.09%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$4,193

Rent

-$1,771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,193 income − $5,964 expenses = $1,771 out of pocket

Income$4,193Out of Pocket$1,771Mortgage P&I$3,62086%Property Taxes$1,00224%Insurance$2516%Management$41910%CapEx$2105%Vacancy$2526%Maintenance$2105%

Investment Breakdown

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Purchase Price

$718k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$144k

Closing costs

1%

$7,180

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,193

Total Expenses

$5,964

Mortgage P&I

86%

$3,620

Property Taxes

24%

$1,002

Home Insurance

6%

$251

HOA

0%

$0

Property Management

10%

$419

CapEx

5%

$210

Vacancy

6%

$252

Maintenance

5%

$210

Other

0%

$0

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