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23 Mill Stream Rd, Stamford, CT 06903

3 beds • 3 baths • 3596 sqft

$1,311,000

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This property looks like a bad Airbnb investment with a projected -24.36% first-year return on $293k initial cash invested.

-24.36%

Cash On Cash

1.1%

Cap Rate

0.17

DSCR

$5,038

Rent

-$5,955

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,038 income − $10,993 expenses = $5,955 out of pocket

Income$5,038Out of Pocket$5,955Mortgage P&I$6,956138%Property Taxes$1,20424%Insurance$4138%Management$75615%CapEx$2024%Maintenance$2024%Other$1,26025%

Investment Breakdown

|

Purchase Price

$1311k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$293k

Downpayment

20%

$262k

Closing costs

1%

$13,110

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,038

Total Expenses

$10,993

Mortgage P&I

138%

$6,956

Property Taxes

24%

$1,204

Home Insurance

8%

$413

HOA

0%

$0

Property Management

15%

$756

CapEx

4%

$202

Vacancy

0%

$0

Maintenance

4%

$202

Other

25%

$1,260

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