REI Lense

REI Lense

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$3,215 (target)

92 Hazelmere Road, New Britain, CT 06053

3 beds • 3 baths • 1866 sqft

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This property looks like a bad Long-Term investment with a projected -4.67% first-year return on $83,286 initial cash invested.

-4.67%

Cash On Cash

5.51%

Cap Rate

0.92

DSCR

$3,215

Rent

-$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,215 income − $3,539 expenses = $324 out of pocket

Income$3,215Out of Pocket$324Mortgage P&I$1,98562%Property Taxes$57718%Insurance$1404%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

|

Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,286

Downpayment

20%

$79,320

Closing costs

1%

$3,966

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,215

Total Expenses

$3,539

Mortgage P&I

62%

$1,985

Property Taxes

18%

$577

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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