REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,600 (target)

12 Meadow Lane, Prospect, CT 06712

3 beds • 2 baths • 1744 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.22% first-year return on $91,980 initial cash invested.

-12.22%

Cash On Cash

3.8%

Cap Rate

0.63

DSCR

$2,600

Rent

-$937

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,600 income − $3,537 expenses = $937 out of pocket

Income$2,600Out of Pocket$937Mortgage P&I$2,19384%Property Taxes$52120%Insurance$1476%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,980

Downpayment

20%

$87,600

Closing costs

1%

$4,380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,600

Total Expenses

$3,537

Mortgage P&I

84%

$2,193

Property Taxes

20%

$521

Home Insurance

6%

$147

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis