REI Lense

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$4,242 (target)

9 Westbrook Rd, Bloomfield, CT 06002

2 beds • 1.5 baths • 1661 sqft

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This property might be a fair Mid-Term investment with a projected 3.57% first-year return on $91,485 initial cash invested.

3.57%

Cash On Cash

7.47%

Cap Rate

1.23

DSCR

$4,242

Rent

$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,242 income − $3,970 expenses = $272 cash flow

Income$4,242Mortgage P&I$1,91445%Property Taxes$48111%Insurance$1323%Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%Cash Flow$272

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,485

Downpayment

20%

$75,700

Closing costs

1%

$3,785

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$4,242

Total Expenses

$3,970

Mortgage P&I

45%

$1,914

Property Taxes

11%

$481

Home Insurance

3%

$132

HOA

0%

$0

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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