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429 Old Stamford Rd, New Canaan, CT 06840

4 beds • 3 baths • 2144 sqft

$1,437,700

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This property looks like a bad Airbnb investment with a projected -27.52% first-year return on $326k initial cash invested.

-27.52%

Cash On Cash

-0.15%

Cap Rate

-0.03

DSCR

$2,383

Rent

-$7,474

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,383 income − $9,857 expenses = $7,474 out of pocket

Income$2,383Out of Pocket$7,474Mortgage P&I$7,194302%Property Taxes$1,01743%Insurance$50321%Management$35715%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

|

Purchase Price

$1438k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$326k

Downpayment

20%

$288k

Closing costs

1%

$14,377

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$2,383

Total Expenses

$9,857

Mortgage P&I

302%

$7,194

Property Taxes

43%

$1,017

Home Insurance

21%

$503

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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