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124 Richards Street, West Haven, CT 06516

3 beds • 2 baths • 1544 sqft

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This property looks like a bad Airbnb investment with a projected -19.98% first-year return on $91,479 initial cash invested.

-19.98%

Cash On Cash

0.99%

Cap Rate

0.17

DSCR

$1,649

Rent

-$1,523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,649 income − $3,172 expenses = $1,523 out of pocket

Income$1,649Out of Pocket$1,523Mortgage P&I$1,746106%Property Taxes$51331%Insurance$1227%Management$24715%CapEx$664%Maintenance$664%Other$41225%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,649

Total Expenses

$3,172

Mortgage P&I

106%

$1,746

Property Taxes

31%

$513

Home Insurance

7%

$122

HOA

0%

$0

Property Management

15%

$247

CapEx

4%

$66

Vacancy

0%

$0

Maintenance

4%

$66

Other

25%

$412

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