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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 Airbnb investment with a projected -15.59% first-year return on $121k initial cash invested.

-15.59%

Cash On Cash

3.16%

Cap Rate

0.47

DSCR

$3,346

Rent

-$1,576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,346 income − $4,922 expenses = $1,576 out of pocket

Income$3,346Out of Pocket$1,576Mortgage P&I$2,73782%Property Taxes$40712%Insurance$1725%Management$50215%CapEx$1344%Maintenance$1344%Other$83625%

Investment Breakdown

|

Purchase Price

$492k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,360

Closing costs

1%

$4,918

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,346

Total Expenses

$4,922

Mortgage P&I

82%

$2,737

Property Taxes

12%

$407

Home Insurance

5%

$172

HOA

0%

$0

Property Management

15%

$502

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$836

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Comparable Property

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ADR

Beds

Baths

Distance

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3

1

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$6,692

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3

1

1.11 mi

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$2,500

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4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Projection Charts

Investment Value YoY

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