REI Lense

REI Lense

Unlock all features! Tap here to upgrade

10 Laurel Lane, Prospect, CT 06712

3 beds • 2 baths • 1880 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.34% first-year return on $123k initial cash invested.

-11.34%

Cash On Cash

3.54%

Cap Rate

0.59

DSCR

$3,879

Rent

-$1,160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,879 income − $5,039 expenses = $1,160 out of pocket

Income$3,879Out of Pocket$1,160Mortgage P&I$2,47664%Property Taxes$52614%Insurance$1755%Management$58215%CapEx$1554%Maintenance$1554%Other$97025%

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,879

Total Expenses

$5,039

Mortgage P&I

64%

$2,476

Property Taxes

14%

$526

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis