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58 Maccormack Drive, Wolcott, CT 06716

3 beds • 2 baths • 936 sqft

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This property looks like a bad Airbnb investment with a projected -2.04% first-year return on $95,154 initial cash invested.

-2.04%

Cash On Cash

5.91%

Cap Rate

1

DSCR

$4,159

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,159 income − $4,321 expenses = $162 out of pocket

Income$4,159Out of Pocket$162Mortgage P&I$1,80543%Property Taxes$3909%Insurance$1303%Management$62415%CapEx$1664%Maintenance$1664%Other$1,04025%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,159

Total Expenses

$4,321

Mortgage P&I

43%

$1,805

Property Taxes

9%

$390

Home Insurance

3%

$130

HOA

0%

$0

Property Management

15%

$624

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,040

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