REI Lense

REI Lense

Unlock all features! Tap here to upgrade

22 Mediterranean Lane, Norwich, CT 06360

2 beds • 1 baths • 1529 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.92% first-year return on $71,619 initial cash invested.

-2.92%

Cash On Cash

5.63%

Cap Rate

0.97

DSCR

$3,164

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,164 income − $3,338 expenses = $174 out of pocket

Income$3,164Out of Pocket$174Mortgage P&I$1,38044%Property Taxes$36612%Insurance$722%Management$47515%CapEx$1274%Maintenance$1274%Other$79125%

Investment Breakdown

|

Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,619

Downpayment

20%

$56,780

Closing costs

1%

$2,839

Rehab

0%

$0

Furnishing

4%

$12,000

Cashflow

Total Income

$3,164

Total Expenses

$3,338

Mortgage P&I

44%

$1,380

Property Taxes

12%

$366

Home Insurance

2%

$72

HOA

0%

$0

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$791

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis