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60 Deerfield Ridge Drive, Groton, CT 06355

3 beds • 2 baths • 2250 sqft

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This property looks like a bad Airbnb investment with a projected -12.39% first-year return on $111k initial cash invested.

-12.39%

Cash On Cash

3.11%

Cap Rate

0.53

DSCR

$3,116

Rent

-$1,149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,116 income − $4,265 expenses = $1,149 out of pocket

Income$3,116Out of Pocket$1,149Mortgage P&I$2,17770%Property Taxes$43414%Insurance$1585%Management$46715%CapEx$1254%Maintenance$1254%Other$77925%

Investment Breakdown

|

Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,880

Closing costs

1%

$4,444

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,116

Total Expenses

$4,265

Mortgage P&I

70%

$2,177

Property Taxes

14%

$434

Home Insurance

5%

$158

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

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