REI Lense

REI Lense

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$3,399 (target)

88 Vineyard Road, Hamden, CT 06517

3 beds • 2 baths • 1463 sqft

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This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $82,110 initial cash invested.

-9.1%

Cash On Cash

4.79%

Cap Rate

0.78

DSCR

$3,399

Rent

-$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,399 income − $4,022 expenses = $623 out of pocket

Income$3,399Out of Pocket$623Mortgage P&I$2,01459%Property Taxes$98829%Insurance$1364%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

|

Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,110

Downpayment

20%

$78,200

Closing costs

1%

$3,910

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,399

Total Expenses

$4,022

Mortgage P&I

59%

$2,014

Property Taxes

29%

$988

Home Insurance

4%

$136

HOA

0%

$0

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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