REI Lense

REI Lense

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$3,159 (target)

9 Stanton Road, North Haven, CT 06473

3 beds • 2 baths • 1477 sqft

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This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $94,752 initial cash invested.

-8.73%

Cash On Cash

4.73%

Cap Rate

0.77

DSCR

$3,159

Rent

-$689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,159 income − $3,848 expenses = $689 out of pocket

Income$3,159Out of Pocket$689Mortgage P&I$2,30973%Property Taxes$56818%Insurance$1495%Management$31610%CapEx$1585%Vacancy$1906%Maintenance$1585%

Investment Breakdown

|

Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,752

Downpayment

20%

$90,240

Closing costs

1%

$4,512

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,159

Total Expenses

$3,848

Mortgage P&I

73%

$2,309

Property Taxes

18%

$568

Home Insurance

5%

$149

HOA

0%

$0

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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