REI Lense

REI Lense

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Target property

8 Penwood Rd, Bloomfield, CT 06002

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Airbnb investment with a projected -32.59% first-year return on $122k initial cash invested.

-32.59%

Cash On Cash

-1.99%

Cap Rate

-0.33

DSCR

$0

Rent

-$3,326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $3,326 expenses = $3,326 out of pocket

Income$0Out of Pocket$3,326Mortgage P&I$2,503Property Taxes$649Insurance$174

Investment Breakdown

|

Purchase Price

$498k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,500

Closing costs

1%

$4,975

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$0

Total Expenses

$3,326

Mortgage P&I

25030000%

$2,503

Property Taxes

6490000%

$649

Home Insurance

1740000%

$174

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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