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145 Monarca Drive, Middletown, CT 06457

3 beds • 4 baths • 3456 sqft

$1,350,000

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This property looks like a bad Airbnb investment with a projected -28.91% first-year return on $302k initial cash invested.

-28.91%

Cash On Cash

0%

Cap Rate

0

DSCR

$3,587

Rent

-$7,264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,587 income − $10,851 expenses = $7,264 out of pocket

Income$3,587Out of Pocket$7,264Mortgage P&I$7,121199%Property Taxes$1,53743%Insurance$47213%Management$53815%CapEx$1434%Maintenance$1434%Other$89725%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,587

Total Expenses

$10,851

Mortgage P&I

199%

$7,121

Property Taxes

43%

$1,537

Home Insurance

13%

$472

HOA

0%

$0

Property Management

15%

$538

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$897

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