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28 Prospect St, Bloomfield, CT 06002

3 beds • 1.5 baths • 1488 sqft

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This property looks like a bad Airbnb investment with a projected -6.81% first-year return on $89,862 initial cash invested.

-6.81%

Cash On Cash

4.6%

Cap Rate

0.78

DSCR

$3,415

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,415 income − $3,925 expenses = $510 out of pocket

Income$3,415Out of Pocket$510Mortgage P&I$1,68649%Property Taxes$47914%Insurance$1204%Management$51215%CapEx$1374%Maintenance$1374%Other$85425%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,862

Downpayment

20%

$68,440

Closing costs

1%

$3,422

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,415

Total Expenses

$3,925

Mortgage P&I

49%

$1,686

Property Taxes

14%

$479

Home Insurance

4%

$120

HOA

0%

$0

Property Management

15%

$512

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$854

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