REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,909 (target)

23 Meadowood Lane, Old Saybrook, CT 06475

3 beds • 2 baths • 1818 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.24% first-year return on $159k initial cash invested.

-11.24%

Cash On Cash

3.71%

Cap Rate

0.61

DSCR

$3,909

Rent

-$1,487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,909 income − $5,396 expenses = $1,487 out of pocket

Income$3,909Out of Pocket$1,487Mortgage P&I$3,40287%Property Taxes$43211%Insurance$2346%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%

Investment Breakdown

|

Purchase Price

$671k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,705

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,909

Total Expenses

$5,396

Mortgage P&I

87%

$3,402

Property Taxes

11%

$432

Home Insurance

6%

$234

HOA

0%

$0

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis