REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,348 (target)

277 Indian Rock Road, New Canaan, CT 06840

3 beds • 3 baths • 2460 sqft

$1,979,700

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -18.51% first-year return on $416k initial cash invested.

-18.51%

Cash On Cash

2.45%

Cap Rate

0.4

DSCR

$7,348

Rent

-$6,413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,348 income − $13,761 expenses = $6,413 out of pocket

Income$7,348Out of Pocket$6,413Mortgage P&I$10,085137%Property Taxes$1,06615%Insurance$70010%Management$73510%CapEx$3675%Vacancy$4416%Maintenance$3675%

Investment Breakdown

|

Purchase Price

$1980k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$416k

Downpayment

20%

$396k

Closing costs

1%

$19,797

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,348

Total Expenses

$13,761

Mortgage P&I

137%

$10,085

Property Taxes

15%

$1,066

Home Insurance

10%

$700

HOA

0%

$0

Property Management

10%

$735

CapEx

5%

$367

Vacancy

6%

$441

Maintenance

5%

$367

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis