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17 Coles Road, Middletown, CT 06457

3 beds • 2 baths • 1854 sqft

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This property looks like a bad Airbnb investment with a projected -19.39% first-year return on $123k initial cash invested.

-19.39%

Cash On Cash

1.68%

Cap Rate

0.27

DSCR

$3,091

Rent

-$1,987

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,091 income − $5,078 expenses = $1,987 out of pocket

Income$3,091Out of Pocket$1,987Mortgage P&I$2,56283%Property Taxes$85828%Insurance$1736%Management$46415%CapEx$1244%Maintenance$1244%Other$77325%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,091

Total Expenses

$5,078

Mortgage P&I

83%

$2,562

Property Taxes

28%

$858

Home Insurance

6%

$173

HOA

0%

$0

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$773

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