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$11,174 (target)

2 Studio Lane, Norwalk, CT 06850

3 beds • 3 baths • 3070 sqft

$1,065,200

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This property might be a fair Mid-Term investment with a projected 3.76% first-year return on $242k initial cash invested.

3.76%

Cash On Cash

7.33%

Cap Rate

1.23

DSCR

$11,174

Rent

$758

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,174 income − $10,416 expenses = $758 cash flow

Income$11,174Mortgage P&I$5,29947%Property Taxes$1,0039%Insurance$3153%Management$1,34112%CapEx$4474%Vacancy$3353%Maintenance$4474%Other$1,22911%Cash Flow$758

Investment Breakdown

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Purchase Price

$1065k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$242k

Downpayment

20%

$213k

Closing costs

1%

$10,652

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$11,174

Total Expenses

$10,416

Mortgage P&I

47%

$5,299

Property Taxes

9%

$1,003

Home Insurance

3%

$315

HOA

0%

$0

Property Management

12%

$1,341

CapEx

4%

$447

Vacancy

3%

$335

Maintenance

4%

$447

Other

11%

$1,229

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