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171 Oregon Road, Meriden, CT 06451

5 beds • 3 baths • 3650 sqft

$1,199,000

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This property looks like a bad Airbnb investment with a projected -15.23% first-year return on $282k initial cash invested.

-15.23%

Cash On Cash

2.91%

Cap Rate

0.47

DSCR

$6,308

Rent

-$3,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,308 income − $9,884 expenses = $3,576 out of pocket

Income$6,308Out of Pocket$3,576Mortgage P&I$6,23199%Property Taxes$2063%Insurance$4207%Management$94615%CapEx$2524%Maintenance$2524%Other$1,57725%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$282k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

3%

$30,000

Cashflow

Total Income

$6,308

Total Expenses

$9,884

Mortgage P&I

99%

$6,231

Property Taxes

3%

$206

Home Insurance

7%

$420

HOA

0%

$0

Property Management

15%

$946

CapEx

4%

$252

Vacancy

0%

$0

Maintenance

4%

$252

Other

25%

$1,577

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