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$6,282 (target)

28 Mead Ridge Road, Ridgefield, CT 06877

3 beds • 4 baths • 3190 sqft

$1,369,700

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This property looks like a bad Long-Term investment with a projected -21.34% first-year return on $288k initial cash invested.

-21.34%

Cash On Cash

2.71%

Cap Rate

0.39

DSCR

$6,282

Rent

-$5,116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,282 income − $11,398 expenses = $5,116 out of pocket

Income$6,282Out of Pocket$5,116Mortgage P&I$7,897126%Property Taxes$1,43123%Insurance$4377%Management$62810%CapEx$3145%Vacancy$3776%Maintenance$3145%

Investment Breakdown

|

Purchase Price

$1370k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$288k

Downpayment

20%

$274k

Closing costs

1%

$13,697

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,282

Total Expenses

$11,398

Mortgage P&I

126%

$7,897

Property Taxes

23%

$1,431

Home Insurance

7%

$437

HOA

0%

$0

Property Management

10%

$628

CapEx

5%

$314

Vacancy

6%

$377

Maintenance

5%

$314

Other

0%

$0

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