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20 Holly Bush Lane, Norwich, CT 06360

3 beds • 3 baths • 2200 sqft

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This property looks like a bad Airbnb investment with a projected -20.1% first-year return on $121k initial cash invested.

-20.1%

Cash On Cash

1.46%

Cap Rate

0.24

DSCR

$2,757

Rent

-$2,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,757 income − $4,779 expenses = $2,022 out of pocket

Income$2,757Out of Pocket$2,022Mortgage P&I$2,50791%Property Taxes$76928%Insurance$1807%Management$41415%CapEx$1104%Maintenance$1104%Other$68925%

Investment Breakdown

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Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,820

Closing costs

1%

$4,891

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,757

Total Expenses

$4,779

Mortgage P&I

91%

$2,507

Property Taxes

28%

$769

Home Insurance

7%

$180

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$689

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