REI Lense

REI Lense

Unlock all features! Tap here to upgrade

15 Cornfield Lane, Madison, CT 06443

3 beds • 3 baths • 1848 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.89% first-year return on $151k initial cash invested.

-7.89%

Cash On Cash

4.48%

Cap Rate

0.76

DSCR

$5,682

Rent

-$995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,347

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,682

Total Expenses

$6,677

Mortgage P&I

55%

$3,137

Property Taxes

10%

$595

Home Insurance

4%

$219

HOA

0%

$0

Property Management

15%

$852

CapEx

4%

$227

Vacancy

0%

$0

Maintenance

4%

$227

Other

25%

$1,420

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis