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 -20.8% first-year return on $110k initial cash invested.

-20.8%

Cash On Cash

0.99%

Cap Rate

0.16

DSCR

$1,839

Rent

-$1,906

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,839 income − $3,745 expenses = $1,906 out of pocket

Income$1,839Out of Pocket$1,906Mortgage P&I$2,193119%Property Taxes$52128%Insurance$1478%Management$27615%CapEx$744%Maintenance$744%Other$46025%

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

$1,839

Total Expenses

$3,745

Mortgage P&I

119%

$2,193

Property Taxes

28%

$521

Home Insurance

8%

$147

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis