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$6,536 (target)

22 Devils Garden Road, Norwalk, CT 06854

3 beds • 2 baths • 1572 sqft

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This property looks like a bad Mid-Term investment with a projected -6.41% first-year return on $183k initial cash invested.

-6.41%

Cash On Cash

5.28%

Cap Rate

0.83

DSCR

$6,536

Rent

-$978

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,536 income − $7,514 expenses = $978 out of pocket

Income$6,536Out of Pocket$978Mortgage P&I$4,17364%Property Taxes$84013%Insurance$2804%Management$78412%CapEx$2614%Vacancy$1963%Maintenance$2614%Other$71911%

Investment Breakdown

|

Purchase Price

$786k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$157k

Closing costs

1%

$7,860

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,536

Total Expenses

$7,514

Mortgage P&I

64%

$4,173

Property Taxes

13%

$840

Home Insurance

4%

$280

HOA

0%

$0

Property Management

12%

$784

CapEx

4%

$261

Vacancy

3%

$196

Maintenance

4%

$261

Other

11%

$719

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