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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 -20.64% first-year return on $123k initial cash invested.

-20.64%

Cash On Cash

1.35%

Cap Rate

0.22

DSCR

$2,843

Rent

-$2,115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,843 income − $4,958 expenses = $2,115 out of pocket

Income$2,843Out of Pocket$2,115Mortgage P&I$2,56290%Property Taxes$85830%Insurance$1736%Management$42615%CapEx$1144%Maintenance$1144%Other$71125%

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

$2,843

Total Expenses

$4,958

Mortgage P&I

90%

$2,562

Property Taxes

30%

$858

Home Insurance

6%

$173

HOA

0%

$0

Property Management

15%

$426

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$711

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