I believe there have been several random studies and very educated estimates that came from these that show that the mortality rate is about 0.5% or even lower, which might put it close to the same order of magnitude as the flu. However, crucially, it is much much more contagious than the flu. With an R0 of 2 or more (some estimate up to 6) the difference after a few days, because of exponential growth, is as much as a thousandfold more infections.

My thought is that the mortality rate is rather low, especially for those that are healthy, but there's a ton of people that have it. More than 1% of New York State is now infected with Coronavirus. That's crazy.