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112 Spring Street, Glastonbury, CT 06033

3 beds • 2 baths • 1584 sqft

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This property looks like a bad Airbnb investment with a projected -12.33% first-year return on $120k initial cash invested.

-12.33%

Cash On Cash

3.42%

Cap Rate

0.56

DSCR

$3,826

Rent

-$1,236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,826 income − $5,062 expenses = $1,236 out of pocket

Income$3,826Out of Pocket$1,236Mortgage P&I$2,47265%Property Taxes$58115%Insurance$1735%Management$57415%CapEx$1534%Maintenance$1534%Other$95625%

Investment Breakdown

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Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,400

Closing costs

1%

$4,870

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,826

Total Expenses

$5,062

Mortgage P&I

65%

$2,472

Property Taxes

15%

$581

Home Insurance

5%

$173

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$956

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