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50 Emerald Glen Lane, Salem, CT 06420

3 beds • 3 baths • 2758 sqft

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This property looks like a bad Airbnb investment with a projected -17.75% first-year return on $151k initial cash invested.

-17.75%

Cash On Cash

2.02%

Cap Rate

0.34

DSCR

$3,731

Rent

-$2,231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,731 income − $5,962 expenses = $2,231 out of pocket

Income$3,731Out of Pocket$2,231Mortgage P&I$3,14884%Property Taxes$79521%Insurance$2286%Management$56015%CapEx$1494%Maintenance$1494%Other$93325%

Investment Breakdown

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Purchase Price

$633k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,327

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,731

Total Expenses

$5,962

Mortgage P&I

84%

$3,148

Property Taxes

21%

$795

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$560

CapEx

4%

$149

Vacancy

0%

$0

Maintenance

4%

$149

Other

25%

$933

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