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46 Devils Garden Road, Norwalk, CT 06854

3 beds • 4 baths • 2178 sqft

$1,105,900

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This property looks like a bad Airbnb investment with a projected -14.73% first-year return on $250k initial cash invested.

-14.73%

Cash On Cash

2.8%

Cap Rate

0.48

DSCR

$6,913

Rent

-$3,072

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1106k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$250k

Downpayment

20%

$221k

Closing costs

1%

$11,059

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,913

Total Expenses

$9,985

Mortgage P&I

78%

$5,374

Property Taxes

14%

$960

Home Insurance

5%

$332

HOA

0%

$0

Property Management

15%

$1,037

CapEx

4%

$277

Vacancy

0%

$0

Maintenance

4%

$277

Other

25%

$1,728

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