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$9,423 (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 Mid-Term investment with a projected -13.93% first-year return on $306k initial cash invested.

-13.93%

Cash On Cash

4.14%

Cap Rate

0.6

DSCR

$9,423

Rent

-$3,547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,423 income − $12,970 expenses = $3,547 out of pocket

Income$9,423Out of Pocket$3,547Mortgage P&I$7,89784%Property Taxes$1,43115%Insurance$4375%Management$1,13112%CapEx$3774%Vacancy$2833%Maintenance$3774%Other$1,03711%

Investment Breakdown

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Purchase Price

$1370k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$306k

Downpayment

20%

$274k

Closing costs

1%

$13,697

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,423

Total Expenses

$12,970

Mortgage P&I

84%

$7,897

Property Taxes

15%

$1,431

Home Insurance

5%

$437

HOA

0%

$0

Property Management

12%

$1,131

CapEx

4%

$377

Vacancy

3%

$283

Maintenance

4%

$377

Other

11%

$1,037

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