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$7,906 (target)

429 Flax Hill Road, Norwalk, CT 06854

3 beds • 2 baths • 5240 sqft

$1,199,000

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This property looks like a bad Long-Term investment with a projected -6.99% first-year return on $252k initial cash invested.

-6.99%

Cash On Cash

4.74%

Cap Rate

0.82

DSCR

$7,906

Rent

-$1,466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,906 income − $9,372 expenses = $1,466 out of pocket

Income$7,906Out of Pocket$1,466Mortgage P&I$5,80773%Property Taxes$1,09014%Insurance$4205%Management$79110%CapEx$3955%Vacancy$4746%Maintenance$3955%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,906

Total Expenses

$9,372

Mortgage P&I

73%

$5,807

Property Taxes

14%

$1,090

Home Insurance

5%

$420

HOA

0%

$0

Property Management

10%

$791

CapEx

5%

$395

Vacancy

6%

$474

Maintenance

5%

$395

Other

0%

$0

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