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161 Olive Street, New Haven, CT 06511

3 beds • 2 baths • 1945 sqft

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This property looks like a bad Airbnb investment with a projected -24.86% first-year return on $163k initial cash invested.

-24.86%

Cash On Cash

0.14%

Cap Rate

0.02

DSCR

$2,721

Rent

-$3,386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,721 income − $6,107 expenses = $3,386 out of pocket

Income$2,721Out of Pocket$3,386Mortgage P&I$3,355123%Property Taxes$1,17543%Insurance$27110%Management$40815%CapEx$1094%Maintenance$1094%Other$68025%

Investment Breakdown

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Purchase Price

$693k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$139k

Closing costs

1%

$6,927

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,721

Total Expenses

$6,107

Mortgage P&I

123%

$3,355

Property Taxes

43%

$1,175

Home Insurance

10%

$271

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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