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8 Penwood Rd, Bloomfield, CT 06002

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Airbnb investment with a projected -16.2% first-year return on $122k initial cash invested.

-16.2%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$3,218

Rent

-$1,653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,218 income − $4,871 expenses = $1,653 out of pocket

Income$3,218Out of Pocket$1,653Mortgage P&I$2,50378%Property Taxes$64920%Insurance$1745%Management$48315%CapEx$1294%Maintenance$1294%Other$80425%

Investment Breakdown

|

Purchase Price

$498k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,500

Closing costs

1%

$4,975

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,218

Total Expenses

$4,871

Mortgage P&I

78%

$2,503

Property Taxes

20%

$649

Home Insurance

5%

$174

HOA

0%

$0

Property Management

15%

$483

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$804

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