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10 Laurel Lane, Prospect, CT 06712

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Airbnb investment with a projected -3.69% first-year return on $123k initial cash invested.

-3.69%

Cash On Cash

5.56%

Cap Rate

0.93

DSCR

$5,382

Rent

-$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,382 income − $5,760 expenses = $378 out of pocket

Income$5,382Out of Pocket$378Mortgage P&I$2,47646%Property Taxes$52610%Insurance$1753%Management$80715%CapEx$2154%Maintenance$2154%Other$1,34625%

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,382

Total Expenses

$5,760

Mortgage P&I

46%

$2,476

Property Taxes

10%

$526

Home Insurance

3%

$175

HOA

0%

$0

Property Management

15%

$807

CapEx

4%

$215

Vacancy

0%

$0

Maintenance

4%

$215

Other

25%

$1,346

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