REI Lense

REI Lense

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Target property

20 Acre Lane, Ridgefield, CT 06877

3 beds • 2 baths • 2006 sqft

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This property looks like a bad Airbnb investment with a projected -34.6% first-year return on $176k initial cash invested.

-34.6%

Cash On Cash

-1.76%

Cap Rate

-0.28

DSCR

$0

Rent

-$5,073

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $5,073 expenses = $5,073 out of pocket

Income$0Out of Pocket$5,073Mortgage P&I$3,967Property Taxes$826Insurance$280

Investment Breakdown

|

Purchase Price

$752k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,520

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$0

Total Expenses

$5,073

Mortgage P&I

39670000%

$3,967

Property Taxes

8260000%

$826

Home Insurance

2800000%

$280

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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