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630 South Elm Street, Wallingford, CT 06492

3 beds • 2 baths • 1276 sqft

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This property looks like a bad Airbnb investment with a projected -11.8% first-year return on $96,918 initial cash invested.

-11.8%

Cash On Cash

3.38%

Cap Rate

0.56

DSCR

$2,969

Rent

-$953

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,969 income − $3,922 expenses = $953 out of pocket

Income$2,969Out of Pocket$953Mortgage P&I$1,89464%Property Taxes$47216%Insurance$1314%Management$44515%CapEx$1194%Maintenance$1194%Other$74225%

Investment Breakdown

|

Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,918

Downpayment

20%

$75,160

Closing costs

1%

$3,758

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,969

Total Expenses

$3,922

Mortgage P&I

64%

$1,894

Property Taxes

16%

$472

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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