REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,859 (target)

142 Old Stagecoach Road, Meriden, CT 06450

3 beds • 2 baths • 2160 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.43% first-year return on $79,695 initial cash invested.

-6.43%

Cash On Cash

4.96%

Cap Rate

0.85

DSCR

$2,859

Rent

-$427

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $3,286 expenses = $427 out of pocket

Income$2,859Out of Pocket$427Mortgage P&I$1,85265%Property Taxes$55019%Insurance$1405%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,695

Downpayment

20%

$75,900

Closing costs

1%

$3,795

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,859

Total Expenses

$3,286

Mortgage P&I

65%

$1,852

Property Taxes

19%

$550

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis