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377 Jefferson Avenue, New London, CT 06320

3 beds • 2 baths • 1442 sqft

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This property looks like a bad Airbnb investment with a projected -9.48% first-year return on $70,500 initial cash invested.

-9.48%

Cash On Cash

3.94%

Cap Rate

0.64

DSCR

$2,206

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,206 income − $2,763 expenses = $557 out of pocket

Income$2,206Out of Pocket$557Mortgage P&I$1,28958%Property Taxes$32715%Insurance$884%Management$33115%CapEx$884%Maintenance$884%Other$55225%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,206

Total Expenses

$2,763

Mortgage P&I

58%

$1,289

Property Taxes

15%

$327

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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