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3 Elmwood Road, Wallingford, CT 06492

3 beds • 2 baths • 1612 sqft

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This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $93,306 initial cash invested.

0.54%

Cash On Cash

6.41%

Cap Rate

1.1

DSCR

$3,476

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,306

Downpayment

20%

$71,720

Closing costs

1%

$3,586

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,476

Total Expenses

$3,434

Mortgage P&I

50%

$1,735

Property Taxes

12%

$401

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

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