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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 -10.37% first-year return on $113k initial cash invested.

-10.37%

Cash On Cash

3.82%

Cap Rate

0.64

DSCR

$3,821

Rent

-$972

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,821 income − $4,793 expenses = $972 out of pocket

Income$3,821Out of Pocket$972Mortgage P&I$2,25359%Property Taxes$54814%Insurance$1584%Management$57315%CapEx$1534%Maintenance$1534%Other$95525%

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

$3,821

Total Expenses

$4,793

Mortgage P&I

59%

$2,253

Property Taxes

14%

$548

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$573

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$955

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