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50 Candee Road, Prospect, CT 06712

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Airbnb investment with a projected -16.62% first-year return on $108k initial cash invested.

-16.62%

Cash On Cash

1.99%

Cap Rate

0.34

DSCR

$2,405

Rent

-$1,500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,405 income − $3,905 expenses = $1,500 out of pocket

Income$2,405Out of Pocket$1,500Mortgage P&I$2,11888%Property Taxes$48320%Insurance$1506%Management$36115%CapEx$964%Maintenance$964%Other$60125%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,405

Total Expenses

$3,905

Mortgage P&I

88%

$2,118

Property Taxes

20%

$483

Home Insurance

6%

$150

HOA

0%

$0

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$601

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