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37 Cranberry Lane, Middletown, CT 06457

3 beds • 4 baths • 3644 sqft

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This property looks like a bad Airbnb investment with a projected -18.33% first-year return on $157k initial cash invested.

-18.33%

Cash On Cash

2.14%

Cap Rate

0.35

DSCR

$4,451

Rent

-$2,392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,451 income − $6,843 expenses = $2,392 out of pocket

Income$4,451Out of Pocket$2,392Mortgage P&I$3,39376%Property Taxes$1,09625%Insurance$2175%Management$66815%CapEx$1784%Maintenance$1784%Other$1,11325%

Investment Breakdown

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Purchase Price

$660k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$132k

Closing costs

1%

$6,600

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,451

Total Expenses

$6,843

Mortgage P&I

76%

$3,393

Property Taxes

25%

$1,096

Home Insurance

5%

$217

HOA

0%

$0

Property Management

15%

$668

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,113

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