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113 Kimberly Drive, Manchester, CT 06040

3 beds • 3 baths • 3564 sqft

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This property looks like a bad Airbnb investment with a projected -16.33% first-year return on $147k initial cash invested.

-16.33%

Cash On Cash

2.43%

Cap Rate

0.41

DSCR

$4,617

Rent

-$1,995

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,617 income − $6,612 expenses = $1,995 out of pocket

Income$4,617Out of Pocket$1,995Mortgage P&I$3,05366%Property Taxes$1,13225%Insurance$2105%Management$69315%CapEx$1854%Maintenance$1854%Other$1,15425%

Investment Breakdown

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Purchase Price

$613k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,126

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,617

Total Expenses

$6,612

Mortgage P&I

66%

$3,053

Property Taxes

25%

$1,132

Home Insurance

5%

$210

HOA

0%

$0

Property Management

15%

$693

CapEx

4%

$185

Vacancy

0%

$0

Maintenance

4%

$185

Other

25%

$1,154

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