20 North Lake Shore Drive, Brookfield, CT 06804
3 beds • 4 baths • 3120 sqft
$2,138,900
View on ZillowThis property looks like a bad Airbnb investment with a projected -28.83% first-year return on $467k initial cash invested.
-28.83%
Cash On Cash
0.67%
Cap Rate
0.1
DSCR
$6,038
Rent
-$11,224
Cashflow
Cash Flow
$6,038 income − $17,262 expenses = $11,224 out of pocket
Investment Breakdown
|
Purchase Price
$2139k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$467k
Downpayment
20%
$428k
Closing costs
1%
$21,389
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$6,038
Total Expenses
$17,262
Mortgage P&I
202%
$12,183
Property Taxes
23%
$1,409
Home Insurance
13%
$770
HOA
0%
$0
Property Management
15%
$906
CapEx
4%
$242
Vacancy
0%
$0
Maintenance
4%
$242
Other
25%
$1,510