REI Lense

REI Lense

Unlock all features! Tap here to upgrade

23 Mill Stream Rd, Stamford, CT 06903

3 beds • 3 baths • 3596 sqft

$1,311,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -26.89% first-year return on $293k initial cash invested.

-26.89%

Cash On Cash

0.49%

Cap Rate

0.08

DSCR

$3,847

Rent

-$6,573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,847 income − $10,420 expenses = $6,573 out of pocket

Income$3,847Out of Pocket$6,573Mortgage P&I$6,956181%Property Taxes$1,20431%Insurance$41311%Management$57715%CapEx$1544%Maintenance$1544%Other$96225%

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

$3,847

Total Expenses

$10,420

Mortgage P&I

181%

$6,956

Property Taxes

31%

$1,204

Home Insurance

11%

$413

HOA

0%

$0

Property Management

15%

$577

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$962

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis