REI Lense

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$3,573 (target)

93 Woodland Ave, Bloomfield, CT 06002

3 beds • 3 baths • 1564 sqft

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This property looks like a bad Long-Term investment with a projected -0.47% first-year return on $85,155 initial cash invested.

-0.47%

Cash On Cash

6.49%

Cap Rate

1.07

DSCR

$3,573

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,573 income − $3,606 expenses = $33 out of pocket

Income$3,573Out of Pocket$33Mortgage P&I$2,04857%Property Taxes$48714%Insurance$1424%Management$35710%CapEx$1795%Vacancy$2146%Maintenance$1795%

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,155

Downpayment

20%

$81,100

Closing costs

1%

$4,055

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,573

Total Expenses

$3,606

Mortgage P&I

57%

$2,048

Property Taxes

14%

$487

Home Insurance

4%

$142

HOA

0%

$0

Property Management

10%

$357

CapEx

5%

$179

Vacancy

6%

$214

Maintenance

5%

$179

Other

0%

$0

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