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 -19.02% first-year return on $61,959 initial cash invested.
-19.02%
Cash On Cash
2.2%
Cap Rate
0.33
DSCR
$1,985
Rent
-$982
Cashflow
Cash Flow
$1,985 income − $2,967 expenses = $982 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
$1,985
Total Expenses
$2,967
Mortgage P&I
67%
$1,339
Property Taxes
12%
$231
Home Insurance
4%
$77
HOA
19%
$368
Property Management
15%
$298
CapEx
4%
$79
Vacancy
0%
$0
Maintenance
4%
$79
Other
25%
$496