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$9,873 (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 Mid-Term investment with a projected -9.59% first-year return on $330k initial cash invested.

-9.59%

Cash On Cash

4.27%

Cap Rate

0.7

DSCR

$9,873

Rent

-$2,638

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,873 income − $12,511 expenses = $2,638 out of pocket

Income$9,873Out of Pocket$2,638Mortgage P&I$7,53476%Property Taxes$98810%Insurance$5936%HOA$39Management$1,18512%CapEx$3954%Vacancy$2963%Maintenance$3954%Other$1,08611%

Investment Breakdown

|

Purchase Price

$1486k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$330k

Downpayment

20%

$297k

Closing costs

1%

$14,861

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,873

Total Expenses

$12,511

Mortgage P&I

76%

$7,534

Property Taxes

10%

$988

Home Insurance

6%

$593

HOA

0%

$39

Property Management

12%

$1,185

CapEx

4%

$395

Vacancy

3%

$296

Maintenance

4%

$395

Other

11%

$1,086

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