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74 Maple Street, Meriden, CT 06451

3 beds • 2 baths • 1232 sqft

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This property looks like a bad Airbnb investment with a projected -13.1% first-year return on $55,779 initial cash invested.

-13.1%

Cash On Cash

2.43%

Cap Rate

0.4

DSCR

$1,292

Rent

-$609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,292 income − $1,901 expenses = $609 out of pocket

Income$1,292Out of Pocket$609Mortgage P&I$92271%Property Taxes$29523%Insurance$635%Management$19415%CapEx$524%Maintenance$524%Other$32325%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,292

Total Expenses

$1,901

Mortgage P&I

71%

$922

Property Taxes

23%

$295

Home Insurance

5%

$63

HOA

0%

$0

Property Management

15%

$194

CapEx

4%

$52

Vacancy

0%

$0

Maintenance

4%

$52

Other

25%

$323

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