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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 -1.76% first-year return on $111k initial cash invested.

-1.76%

Cash On Cash

5.98%

Cap Rate

1.02

DSCR

$5,014

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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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

$5,014

Total Expenses

$5,177

Mortgage P&I

43%

$2,177

Property Taxes

9%

$434

Home Insurance

3%

$158

HOA

0%

$0

Property Management

15%

$752

CapEx

4%

$201

Vacancy

0%

$0

Maintenance

4%

$201

Other

25%

$1,254

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