REI Lense

REI Lense

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Target property

80 Prospect Place, New Milford, CT 06776

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Airbnb investment with a projected -33.51% first-year return on $131k initial cash invested.

-33.51%

Cash On Cash

-2.09%

Cap Rate

-0.35

DSCR

$0

Rent

-$3,652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $3,652 expenses = $3,652 out of pocket

Income$0Out of Pocket$3,652Mortgage P&I$2,715Property Taxes$749Insurance$188

Investment Breakdown

|

Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,370

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$3,652

Mortgage P&I

27150000%

$2,715

Property Taxes

7490000%

$749

Home Insurance

1880000%

$188

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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