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11 Avondale Lane, Middletown, CT 06457

3 beds • 3 baths • 2500 sqft

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This property looks like a bad Airbnb investment with a projected -10.58% first-year return on $122k initial cash invested.

-10.58%

Cash On Cash

3.83%

Cap Rate

0.64

DSCR

$4,424

Rent

-$1,078

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,424 income − $5,502 expenses = $1,078 out of pocket

Income$4,424Out of Pocket$1,078Mortgage P&I$2,48556%Property Taxes$70816%Insurance$1754%HOA$10Management$66415%CapEx$1774%Maintenance$1774%Other$1,10625%

Investment Breakdown

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Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,260

Closing costs

1%

$4,963

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,424

Total Expenses

$5,502

Mortgage P&I

56%

$2,485

Property Taxes

16%

$708

Home Insurance

4%

$175

HOA

0%

$10

Property Management

15%

$664

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,106

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