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37 Homesdale Avenue, Southington, CT 06489

3 beds • 2 baths • 1462 sqft

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This property looks like a bad Airbnb investment with a projected -2.27% first-year return on $98,682 initial cash invested.

-2.27%

Cash On Cash

5.88%

Cap Rate

0.99

DSCR

$4,202

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,202 income − $4,389 expenses = $187 out of pocket

Income$4,202Out of Pocket$187Mortgage P&I$1,90045%Property Taxes$3619%Insurance$1123%Management$63015%CapEx$1684%Maintenance$1684%Other$1,05025%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,682

Downpayment

20%

$76,840

Closing costs

1%

$3,842

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,202

Total Expenses

$4,389

Mortgage P&I

45%

$1,900

Property Taxes

9%

$361

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$630

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,050

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