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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 -24.82% first-year return on $302k initial cash invested.

-24.82%

Cash On Cash

0.98%

Cap Rate

0.16

DSCR

$5,566

Rent

-$6,237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,566 income − $11,803 expenses = $6,237 out of pocket

Income$5,566Out of Pocket$6,237Mortgage P&I$7,121128%Property Taxes$1,53728%Insurance$4728%Management$83515%CapEx$2234%Maintenance$2234%Other$1,39225%

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

$5,566

Total Expenses

$11,803

Mortgage P&I

128%

$7,121

Property Taxes

28%

$1,537

Home Insurance

8%

$472

HOA

0%

$0

Property Management

15%

$835

CapEx

4%

$223

Vacancy

0%

$0

Maintenance

4%

$223

Other

25%

$1,392

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