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11 Thomas Street, Newington, CT 06111

3 beds • 2 baths • 1956 sqft

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This property looks like a bad Airbnb investment with a projected -13.84% first-year return on $107k initial cash invested.

-13.84%

Cash On Cash

2.71%

Cap Rate

0.46

DSCR

$3,028

Rent

-$1,230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,028 income − $4,258 expenses = $1,230 out of pocket

Income$3,028Out of Pocket$1,230Mortgage P&I$2,06468%Property Taxes$59420%Insurance$1475%Management$45415%CapEx$1214%Maintenance$1214%Other$75725%

Investment Breakdown

|

Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,460

Closing costs

1%

$4,223

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,028

Total Expenses

$4,258

Mortgage P&I

68%

$2,064

Property Taxes

20%

$594

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$757

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