REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8 Dean Drive, Newington, CT 06111

3 beds • 2 baths • 1324 sqft

Email

This property looks like a bad Airbnb investment with a projected -22.83% first-year return on $107k initial cash invested.

-22.83%

Cash On Cash

0.38%

Cap Rate

0.06

DSCR

$1,693

Rent

-$2,040

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,693 income − $3,733 expenses = $2,040 out of pocket

Income$1,693Out of Pocket$2,040Mortgage P&I$2,105124%Property Taxes$66639%Insurance$1499%Management$25415%CapEx$684%Maintenance$684%Other$42325%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,693

Total Expenses

$3,733

Mortgage P&I

124%

$2,105

Property Taxes

39%

$666

Home Insurance

9%

$149

HOA

0%

$0

Property Management

15%

$254

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$423

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis