REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,321 (target)

130 Lydale Place, Meriden, CT 06450

3 beds • 2 baths • 1734 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.56% first-year return on $101k initial cash invested.

-6.56%

Cash On Cash

5.07%

Cap Rate

0.8

DSCR

$3,321

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,321 income − $3,875 expenses = $554 out of pocket

Income$3,321Out of Pocket$554Mortgage P&I$2,09763%Property Taxes$50915%Insurance$1394%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%

Investment Breakdown

|

Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,300

Closing costs

1%

$3,965

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,321

Total Expenses

$3,875

Mortgage P&I

63%

$2,097

Property Taxes

15%

$509

Home Insurance

4%

$139

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis