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132 Neanda Street, New Britain, CT 06053

3 beds • 2 baths • 1120 sqft

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This property looks like a bad Airbnb investment with a projected -10.89% first-year return on $85,536 initial cash invested.

-10.89%

Cash On Cash

3.58%

Cap Rate

0.59

DSCR

$2,687

Rent

-$776

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,687 income − $3,463 expenses = $776 out of pocket

Income$2,687Out of Pocket$776Mortgage P&I$1,62861%Property Taxes$43116%Insurance$1154%Management$40315%CapEx$1074%Maintenance$1074%Other$67225%

Investment Breakdown

|

Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,536

Downpayment

20%

$64,320

Closing costs

1%

$3,216

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,687

Total Expenses

$3,463

Mortgage P&I

61%

$1,628

Property Taxes

16%

$431

Home Insurance

4%

$115

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$672

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