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741 Curtiss Street, Southington, CT 06489

3 beds • 3 baths • 1344 sqft

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This property looks like a bad Airbnb investment with a projected -11.69% first-year return on $110k initial cash invested.

-11.69%

Cash On Cash

3.47%

Cap Rate

0.57

DSCR

$3,368

Rent

-$1,070

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,368 income − $4,438 expenses = $1,070 out of pocket

Income$3,368Out of Pocket$1,070Mortgage P&I$2,20065%Property Taxes$47214%Insurance$1494%Management$50515%CapEx$1354%Maintenance$1354%Other$84225%

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,460

Closing costs

1%

$4,373

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,368

Total Expenses

$4,438

Mortgage P&I

65%

$2,200

Property Taxes

14%

$472

Home Insurance

4%

$149

HOA

0%

$0

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$842

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