REI Lense

REI Lense

Unlock all features! Tap here to upgrade

12 Meadow Lane, Prospect, CT 06712

3 beds • 2 baths • 1744 sqft

Email

This property looks like a bad Airbnb investment with a projected -26.76% first-year return on $110k initial cash invested.

-26.76%

Cash On Cash

-0.63%

Cap Rate

-0.1

DSCR

$784

Rent

-$2,453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$784 income − $3,237 expenses = $2,453 out of pocket

Income$784Out of Pocket$2,453Mortgage P&I$2,193280%Property Taxes$52166%Insurance$14719%Management$11815%CapEx$314%Maintenance$314%Other$19625%

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,600

Closing costs

1%

$4,380

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$784

Total Expenses

$3,237

Mortgage P&I

280%

$2,193

Property Taxes

66%

$521

Home Insurance

19%

$147

HOA

0%

$0

Property Management

15%

$118

CapEx

4%

$31

Vacancy

0%

$0

Maintenance

4%

$31

Other

25%

$196

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis