REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$8,729 (target)

321 Oenoke Ridge, New Canaan, CT 06840

3 beds • 4 baths • 5520 sqft

$2,714,100

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -24.69% first-year return on $570k initial cash invested.

-24.69%

Cash On Cash

1.78%

Cap Rate

0.26

DSCR

$8,729

Rent

-$11,727

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,729 income − $20,456 expenses = $11,727 out of pocket

Income$8,729Out of Pocket$11,727Mortgage P&I$15,313175%Property Taxes$1,71920%Insurance$1,15513%Management$87310%CapEx$4365%Vacancy$5246%Maintenance$4365%

Investment Breakdown

|

Purchase Price

$2714k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$570k

Downpayment

20%

$543k

Closing costs

1%

$27,141

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$8,729

Total Expenses

$20,456

Mortgage P&I

175%

$15,313

Property Taxes

20%

$1,719

Home Insurance

13%

$1,155

HOA

0%

$0

Property Management

10%

$873

CapEx

5%

$436

Vacancy

6%

$524

Maintenance

5%

$436

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis