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116 Silvermine Avenue, Norwalk, CT 06854

4 beds • 4 baths • 3369 sqft

$1,615,100

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This property looks like a bad Airbnb investment with a projected -23.9% first-year return on $363k initial cash invested.

-23.9%

Cash On Cash

0.96%

Cap Rate

0.16

DSCR

$6,450

Rent

-$7,232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1615k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$363k

Downpayment

20%

$323k

Closing costs

1%

$16,151

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$6,450

Total Expenses

$13,682

Mortgage P&I

128%

$8,271

Property Taxes

28%

$1,792

Home Insurance

8%

$523

HOA

0%

$0

Property Management

15%

$968

CapEx

4%

$258

Vacancy

0%

$0

Maintenance

4%

$258

Other

25%

$1,612

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