REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,565 (target)

53 Blakeslee Road, Wallingford, CT 06492

3 beds • 2 baths • 1506 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.42% first-year return on $94,479 initial cash invested.

-12.42%

Cash On Cash

3.71%

Cap Rate

0.62

DSCR

$2,565

Rent

-$978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,565 income − $3,543 expenses = $978 out of pocket

Income$2,565Out of Pocket$978Mortgage P&I$2,24287%Property Taxes$47719%Insurance$1586%Management$25610%CapEx$1285%Vacancy$1546%Maintenance$1285%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,479

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,565

Total Expenses

$3,543

Mortgage P&I

87%

$2,242

Property Taxes

19%

$477

Home Insurance

6%

$158

HOA

0%

$0

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis