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$13,094 (target)

321 Oenoke Ridge, New Canaan, CT 06840

3 beds • 4 baths • 5520 sqft

$2,714,100

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This property looks like a bad Mid-Term investment with a projected -19.48% first-year return on $588k initial cash invested.

-19.48%

Cash On Cash

2.78%

Cap Rate

0.41

DSCR

$13,094

Rent

-$9,545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$13,094 income − $22,639 expenses = $9,545 out of pocket

Income$13,094Out of Pocket$9,545Mortgage P&I$15,313117%Property Taxes$1,71913%Insurance$1,1559%Management$1,57112%CapEx$5244%Vacancy$3933%Maintenance$5244%Other$1,44011%

Investment Breakdown

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Purchase Price

$2714k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$588k

Downpayment

20%

$543k

Closing costs

1%

$27,141

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$13,094

Total Expenses

$22,639

Mortgage P&I

117%

$15,313

Property Taxes

13%

$1,719

Home Insurance

9%

$1,155

HOA

0%

$0

Property Management

12%

$1,571

CapEx

4%

$524

Vacancy

3%

$393

Maintenance

4%

$524

Other

11%

$1,440

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