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$11,859 (target)

429 Flax Hill Road, Norwalk, CT 06854

3 beds • 2 baths • 5240 sqft

$1,199,000

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $270k initial cash invested.

2.27%

Cash On Cash

6.8%

Cap Rate

1.17

DSCR

$11,859

Rent

$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,859 income − $11,348 expenses = $511 cash flow

Income$11,859Mortgage P&I$5,80749%Property Taxes$1,0909%Insurance$4204%Management$1,42312%CapEx$4744%Vacancy$3563%Maintenance$4744%Other$1,30411%Cash Flow$511

Investment Breakdown

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Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$270k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$11,859

Total Expenses

$11,348

Mortgage P&I

49%

$5,807

Property Taxes

9%

$1,090

Home Insurance

4%

$420

HOA

0%

$0

Property Management

12%

$1,423

CapEx

4%

$474

Vacancy

3%

$356

Maintenance

4%

$474

Other

11%

$1,304

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