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100 Silver Island Way #100, Berlin, CT 06037

3 beds • 3 baths • 2462 sqft

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This property looks like a bad Airbnb investment with a projected -18.19% first-year return on $132k initial cash invested.

-18.19%

Cash On Cash

1.78%

Cap Rate

0.3

DSCR

$3,529

Rent

-$2,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,529 income − $5,537 expenses = $2,008 out of pocket

Income$3,529Out of Pocket$2,008Mortgage P&I$2,67776%Property Taxes$61117%Insurance$1915%HOA$36510%Management$52915%CapEx$1414%Maintenance$1414%Other$88225%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,529

Total Expenses

$5,537

Mortgage P&I

76%

$2,677

Property Taxes

17%

$611

Home Insurance

5%

$191

HOA

10%

$365

Property Management

15%

$529

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

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