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157 Back Lane, Newington, CT 06111

3 beds • 2 baths • 1395 sqft

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This property looks like a bad Airbnb investment with a projected -12.44% first-year return on $86,250 initial cash invested.

-12.44%

Cash On Cash

3.29%

Cap Rate

0.53

DSCR

$2,803

Rent

-$894

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,803 income − $3,697 expenses = $894 out of pocket

Income$2,803Out of Pocket$894Mortgage P&I$1,67460%Property Taxes$56420%Insurance$1144%Management$42015%CapEx$1124%Maintenance$1124%Other$70125%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,803

Total Expenses

$3,697

Mortgage P&I

60%

$1,674

Property Taxes

20%

$564

Home Insurance

4%

$114

HOA

0%

$0

Property Management

15%

$420

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$701

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