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8 Laurel Wood Rd, North Stonington, CT 06359

3 beds • 2 baths • 2312 sqft

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This property looks like a bad Long-Term investment with a projected -8.51% first-year return on $103k initial cash invested.

-8.51%

Cash On Cash

5.32%

Cap Rate

0.8

DSCR

$3,490

Rent

-$732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,490 income − $4,222 expenses = $732 out of pocket

Income$3,490Out of Pocket$732Mortgage P&I$2,73778%Property Taxes$40712%Insurance$1725%Management$34910%CapEx$1745%Vacancy$2096%Maintenance$1745%

Investment Breakdown

|

Purchase Price

$492k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$98,360

Closing costs

1%

$4,918

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,490

Total Expenses

$4,222

Mortgage P&I

78%

$2,737

Property Taxes

12%

$407

Home Insurance

5%

$172

HOA

0%

$0

Property Management

10%

$349

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

188 Wolf Neck Rd, Unit A, Stonington, CT 06378

$4,500

3

2.5

2300

2.7 mi

105 Jeremy Hill Rd, Stonington, CT 06378

$3,500

3

2.5

2694

1.3 mi

1444 Pequot Trl, Stonington, CT 06378

$4,100

3

2

2147

4.8 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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