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1353 Durham Road, Madison, CT 06443

3 beds • 3 baths • 2022 sqft

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This property looks like a bad Airbnb investment with a projected -11.09% first-year return on $135k initial cash invested.

-11.09%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$4,343

Rent

-$1,252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,343 income − $5,595 expenses = $1,252 out of pocket

Income$4,343Out of Pocket$1,252Mortgage P&I$2,78364%Property Taxes$52812%Insurance$1995%Management$65115%CapEx$1744%Maintenance$1744%Other$1,08625%

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,594

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,343

Total Expenses

$5,595

Mortgage P&I

64%

$2,783

Property Taxes

12%

$528

Home Insurance

5%

$199

HOA

0%

$0

Property Management

15%

$651

CapEx

4%

$174

Vacancy

0%

$0

Maintenance

4%

$174

Other

25%

$1,086

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