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937 Main Street, Newington, CT 06111

3 beds • 2 baths • 1908 sqft

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This property looks like a bad Airbnb investment with a projected -7.13% first-year return on $93,537 initial cash invested.

-7.13%

Cash On Cash

4.48%

Cap Rate

0.76

DSCR

$3,363

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,537

Downpayment

20%

$71,940

Closing costs

1%

$3,597

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$3,919

Mortgage P&I

52%

$1,763

Property Taxes

12%

$417

Home Insurance

4%

$124

HOA

0%

$0

Property Management

15%

$504

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$841

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