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101 Thorpe Avenue, Wallingford, CT 06492

3 beds • 2 baths • 2746 sqft

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This property looks like a bad Airbnb investment with a projected -24% first-year return on $175k initial cash invested.

-24%

Cash On Cash

0.52%

Cap Rate

0.09

DSCR

$2,363

Rent

-$3,510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,363 income − $5,873 expenses = $3,510 out of pocket

Income$2,363Out of Pocket$3,510Mortgage P&I$3,743158%Property Taxes$73331%Insurance$26211%Management$35415%CapEx$954%Maintenance$954%Other$59125%

Investment Breakdown

|

Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,363

Total Expenses

$5,873

Mortgage P&I

158%

$3,743

Property Taxes

31%

$733

Home Insurance

11%

$262

HOA

0%

$0

Property Management

15%

$354

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$591

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