REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,488 (target)

27 Idle Lane, Meriden, CT 06451

3 beds • 2 baths • 1966 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $69,783 initial cash invested.

-7.21%

Cash On Cash

4.95%

Cap Rate

0.82

DSCR

$2,488

Rent

-$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,488 income − $2,907 expenses = $419 out of pocket

Income$2,488Out of Pocket$419Mortgage P&I$1,66767%Property Taxes$47819%Insurance$1165%Management$24910%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,783

Downpayment

20%

$66,460

Closing costs

1%

$3,323

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,488

Total Expenses

$2,907

Mortgage P&I

67%

$1,667

Property Taxes

19%

$478

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$249

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis