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$6,582 (target)

43 Indianola Drive, Old Saybrook, CT 06475

3 beds • 3 baths • 2978 sqft

$1,486,100

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This property looks like a bad Long-Term investment with a projected -16.47% first-year return on $312k initial cash invested.

-16.47%

Cash On Cash

2.89%

Cap Rate

0.48

DSCR

$6,582

Rent

-$4,283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,582 income − $10,865 expenses = $4,283 out of pocket

Income$6,582Out of Pocket$4,283Mortgage P&I$7,534114%Property Taxes$98815%Insurance$5939%HOA$391%Management$65810%CapEx$3295%Vacancy$3956%Maintenance$3295%

Investment Breakdown

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Purchase Price

$1486k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$297k

Closing costs

1%

$14,861

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,582

Total Expenses

$10,865

Mortgage P&I

114%

$7,534

Property Taxes

15%

$988

Home Insurance

9%

$593

HOA

1%

$39

Property Management

10%

$658

CapEx

5%

$329

Vacancy

6%

$395

Maintenance

5%

$329

Other

0%

$0

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