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$6,897 (target)

1 Sheridan Street, Norwalk, CT 06854

3 beds • 2 baths • 1344 sqft

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This property could be a profitable Mid-Term investment with a projected 10.19% first-year return on $129k initial cash invested.

10.19%

Cash On Cash

9.45%

Cap Rate

1.49

DSCR

$6,897

Rent

$1,094

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,897 income − $5,803 expenses = $1,094 cash flow

Income$6,897Mortgage P&I$2,78240%Property Taxes$4747%Insurance$2013%Management$82812%CapEx$2764%Vacancy$2073%Maintenance$2764%Other$75911%Cash Flow$1,094

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,275

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,897

Total Expenses

$5,803

Mortgage P&I

40%

$2,782

Property Taxes

7%

$474

Home Insurance

3%

$201

HOA

0%

$0

Property Management

12%

$828

CapEx

4%

$276

Vacancy

3%

$207

Maintenance

4%

$276

Other

11%

$759

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