REI Lense

REI Lense

Unlock all features! Tap here to upgrade

50 Emerald Glen Lane, Salem, CT 06420

3 beds • 3 baths • 2758 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.55% first-year return on $151k initial cash invested.

-17.55%

Cash On Cash

2.07%

Cap Rate

0.35

DSCR

$3,779

Rent

-$2,206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,779 income − $5,985 expenses = $2,206 out of pocket

Income$3,779Out of Pocket$2,206Mortgage P&I$3,14883%Property Taxes$79521%Insurance$2286%Management$56715%CapEx$1514%Maintenance$1514%Other$94525%

Investment Breakdown

|

Purchase Price

$633k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,327

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,779

Total Expenses

$5,985

Mortgage P&I

83%

$3,148

Property Taxes

21%

$795

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$567

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$945

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis