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23-A Country Way, Wallingford, CT 06492

3 beds • 3 baths • 2062 sqft

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This property looks like a bad Airbnb investment with a projected -23.89% first-year return on $147k initial cash invested.

-23.89%

Cash On Cash

0.24%

Cap Rate

0.04

DSCR

$1,841

Rent

-$2,927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,841 income − $4,768 expenses = $2,927 out of pocket

Income$1,841Out of Pocket$2,927Mortgage P&I$2,975162%Property Taxes$69037%Insurance$21912%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

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Purchase Price

$614k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$123k

Closing costs

1%

$6,144

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,841

Total Expenses

$4,768

Mortgage P&I

162%

$2,975

Property Taxes

37%

$690

Home Insurance

12%

$219

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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