REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,468 (target)

96 Washington Street, Manchester, CT 06042

3 beds • 2 baths • 1552 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.19% first-year return on $61,404 initial cash invested.

-3.19%

Cash On Cash

5.64%

Cap Rate

0.97

DSCR

$2,468

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,468 income − $2,631 expenses = $163 out of pocket

Income$2,468Out of Pocket$163Mortgage P&I$1,41557%Property Taxes$46519%Insurance$1104%Management$24710%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,404

Downpayment

20%

$58,480

Closing costs

1%

$2,924

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,468

Total Expenses

$2,631

Mortgage P&I

57%

$1,415

Property Taxes

19%

$465

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis