26 George Washington Turnpike, Burlington, CT 06013
3 beds • 2 baths • 1536 sqft
$620,000
View on ZillowThis property looks like a bad Airbnb investment with a projected -14.28% first-year return on $148k initial cash invested.
-14.28%
Cash On Cash
2.9%
Cap Rate
0.48
DSCR
$3,700
Rent
-$1,764
Cashflow
Cash Flow
$3,700 income − $5,464 expenses = $1,764 out of pocket
Investment Breakdown
|
Purchase Price
$620k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$148k
Downpayment
20%
$124k
Closing costs
1%
$6,200
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,700
Total Expenses
$5,464
Mortgage P&I
84%
$3,112
Property Taxes
10%
$359
Home Insurance
6%
$217
HOA
0%
$0
Property Management
15%
$555
CapEx
4%
$148
Vacancy
0%
$0
Maintenance
4%
$148
Other
25%
$925