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35 Pelham Lane, New Haven, CT 06511

3 beds • 2 baths • 1728 sqft

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This property looks like a bad Airbnb investment with a projected -14.7% first-year return on $117k initial cash invested.

-14.7%

Cash On Cash

2.57%

Cap Rate

0.44

DSCR

$3,148

Rent

-$1,430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,000

Closing costs

1%

$4,700

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,148

Total Expenses

$4,578

Mortgage P&I

73%

$2,310

Property Taxes

19%

$593

Home Insurance

5%

$164

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$787

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