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9 Rocky Ridge Lane, Farmington, CT 06032

3 beds • 2 baths • 1290 sqft

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This property looks like a bad Airbnb investment with a projected -14.47% first-year return on $113k initial cash invested.

-14.47%

Cash On Cash

2.72%

Cap Rate

0.45

DSCR

$3,080

Rent

-$1,357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $4,437 expenses = $1,357 out of pocket

Income$3,080Out of Pocket$1,357Mortgage P&I$2,25373%Property Taxes$54818%Insurance$1585%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,080

Total Expenses

$4,437

Mortgage P&I

73%

$2,253

Property Taxes

18%

$548

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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