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975 Main Street, Hamden, CT 06514

3 beds • 2 baths • 2554 sqft

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This property looks like a bad Airbnb investment with a projected -35% first-year return on $128k initial cash invested.

-35%

Cash On Cash

-2.42%

Cap Rate

-0.4

DSCR

$927

Rent

-$3,732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$927 income − $4,659 expenses = $3,732 out of pocket

Income$927Out of Pocket$3,732Mortgage P&I$2,641285%Property Taxes$1,389150%Insurance$18420%Management$13915%CapEx$374%Maintenance$374%Other$23225%

Investment Breakdown

|

Purchase Price

$524k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,236

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$927

Total Expenses

$4,659

Mortgage P&I

285%

$2,641

Property Taxes

150%

$1,389

Home Insurance

20%

$184

HOA

0%

$0

Property Management

15%

$139

CapEx

4%

$37

Vacancy

0%

$0

Maintenance

4%

$37

Other

25%

$232

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