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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 -25.31% first-year return on $326k initial cash invested.

-25.31%

Cash On Cash

0.39%

Cap Rate

0.06

DSCR

$3,542

Rent

-$6,873

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,542 income − $10,415 expenses = $6,873 out of pocket

Income$3,542Out of Pocket$6,873Mortgage P&I$7,194203%Property Taxes$1,01729%Insurance$50314%Management$53115%CapEx$1424%Maintenance$1424%Other$88625%

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

$3,542

Total Expenses

$10,415

Mortgage P&I

203%

$7,194

Property Taxes

29%

$1,017

Home Insurance

14%

$503

HOA

0%

$0

Property Management

15%

$531

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$886

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