111 Simms Rd Berlin, Connecticut, 06037
4 bed โข 3 bath โข 12 guests
Est. $1,914/mo

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Airbnb Investor Score
$29,960
Annual Profit
14.3%
Cap Rate
29.2%
Cash on Cash
$81,099
Annual Revenue
This property is projected to be in the top 49% revenue percentile compared to similar properties nearby.
Projected nightly rate is $158/night at 56% occupancy.Projected nightly rate is $364/night at 61% occupancy.
Top 51% of comparables
Top 46% of comparables
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$80,234
Avg annual revenue
61%
Avg occupancy rate
$364
Avg nightly rate
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Revenue per year
$20k
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$29,961
Profit
Revenue
$81,099
Operating Expenses
$24,223
Operating Income
$56,876
Mortgage & Taxes
$26,915
Profit (Cash Flow)
$29,961
$102,520
Cash Investment
Down Payment
$79,800
Renos & Furnishing
$10,750
Closing Costs
$11,970
Total
$102,520
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
29.22%
Cap Rate
14.25%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$18,937
Deductible property tax
$3,950
Your total deduction
$11,051
Your adjusted annual income
$150,000 - $11,051 = $138,949
Taxes on $138,949 (30%)
$41,685
Your old tax bill
$45,000
Your new tax bill
$41,685
Estimated tax savings
$3,315
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
1.3 sqft
Year built:
1950
Size:
3,342 sqft
Type:
SINGLE_FAMILY
Parking:
2
Heating:
Hot Water, Oil
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: -
- Lot size: 1.3 sqft
- Building area: 3,342 sqft
- Garage: Yes
- Heating: Hot water, oil
- Pool: No
- Fireplaces: 3
- Basement: Yes
- Cooling: Central Air
- View: -
- Parking: Detached, Driveway, Paved
- Amenities: Oven/Range, Refrigerator, Water Heater
- Price per square foot: $119
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 450351
- Flood Zone: No
Tax Info
- Year Assessed: 2024
- Assessed Value: $316,300
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: -
Schools
- Elementary School: Mary E. Griswold School with 7/10 star rating
- Middle School: Catherine M. Mcgee Middle School with 6/10 star rating
- High School: Berlin High School with 5/10 star rating