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43 Indianola Drive, Old Saybrook, CT 06475

3 beds • 3 baths • 2978 sqft

$1,486,100

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This property looks like a bad Airbnb investment with a projected -25.27% first-year return on $330k initial cash invested.

-25.27%

Cash On Cash

0.61%

Cap Rate

0.1

DSCR

$4,240

Rent

-$6,950

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,240 income − $11,190 expenses = $6,950 out of pocket

Income$4,240Out of Pocket$6,950Mortgage P&I$7,534178%Property Taxes$98823%Insurance$59314%HOA$391%Management$63615%CapEx$1704%Maintenance$1704%Other$1,06025%

Investment Breakdown

|

Purchase Price

$1486k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$330k

Downpayment

20%

$297k

Closing costs

1%

$14,861

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,240

Total Expenses

$11,190

Mortgage P&I

178%

$7,534

Property Taxes

23%

$988

Home Insurance

14%

$593

HOA

1%

$39

Property Management

15%

$636

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,060

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