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44 Tolland Avenue APT 60, Stafford Springs, CT 06076
2 beds • 2 baths • 1144 sqft
$237,900
View on ZillowThis property looks like a bad Airbnb investment with a projected -19.15% first-year return on $61,959 initial cash invested.
-19.15%
Cash On Cash
2.16%
Cap Rate
0.32
DSCR
$1,973
Rent
-$989
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,973 income − $2,962 expenses = $989 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,959
Downpayment
20%
$47,580
Closing costs
1%
$2,379
Rehab
0%
$0
Furnishing
5%
$12,000
Cashflow
Total Income
$1,973
Total Expenses
$2,962
Mortgage P&I
68%
$1,339
Property Taxes
12%
$231
Home Insurance
4%
$77
HOA
19%
$368
Property Management
15%
$296
CapEx
4%
$79
Vacancy
0%
$0
Maintenance
4%
$79
Other
25%
$493