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292 Tumblebrook Road, Meriden, CT 06450

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Airbnb investment with a projected -14.7% first-year return on $81,567 initial cash invested.

-14.7%

Cash On Cash

3.08%

Cap Rate

0.46

DSCR

$2,405

Rent

-$999

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,405 income − $3,404 expenses = $999 out of pocket

Income$2,405Out of Pocket$999Mortgage P&I$1,68170%Property Taxes$46419%Insurance$1054%Management$36115%CapEx$964%Maintenance$964%Other$60125%

Investment Breakdown

|

Purchase Price

$303k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,567

Downpayment

20%

$60,540

Closing costs

1%

$3,027

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,405

Total Expenses

$3,404

Mortgage P&I

70%

$1,681

Property Taxes

19%

$464

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$601

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