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3 Buckley Road, Salem, CT 06420

3 beds • 4 baths • 2552 sqft

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This property looks like a bad Airbnb investment with a projected -16.44% first-year return on $132k initial cash invested.

-16.44%

Cash On Cash

2.2%

Cap Rate

0.37

DSCR

$3,206

Rent

-$1,808

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,206 income − $5,014 expenses = $1,808 out of pocket

Income$3,206Out of Pocket$1,808Mortgage P&I$2,67483%Property Taxes$60919%Insurance$1926%Management$48115%CapEx$1284%Maintenance$1284%Other$80225%

Investment Breakdown

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Purchase Price

$543k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,429

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,206

Total Expenses

$5,014

Mortgage P&I

83%

$2,674

Property Taxes

19%

$609

Home Insurance

6%

$192

HOA

0%

$0

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

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