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16 Briarwood Drive, Simsbury, CT 06070

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Airbnb investment with a projected -14.72% first-year return on $121k initial cash invested.

-14.72%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$3,542

Rent

-$1,490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,542 income − $5,032 expenses = $1,490 out of pocket

Income$3,542Out of Pocket$1,490Mortgage P&I$2,48570%Property Taxes$67819%Insurance$1685%Management$53115%CapEx$1424%Maintenance$1424%Other$88625%

Investment Breakdown

|

Purchase Price

$493k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,540

Closing costs

1%

$4,927

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,542

Total Expenses

$5,032

Mortgage P&I

70%

$2,485

Property Taxes

19%

$678

Home Insurance

5%

$168

HOA

0%

$0

Property Management

15%

$531

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$886

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