REI Lense

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$4,665 (target)

463 Newtown Avenue, Norwalk, CT 06851

3 beds • 3 baths • 1830 sqft

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This property looks like a bad Long-Term investment with a projected -12.5% first-year return on $160k initial cash invested.

-12.5%

Cash On Cash

4.02%

Cap Rate

0.64

DSCR

$4,665

Rent

-$1,664

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,665 income − $6,329 expenses = $1,664 out of pocket

Income$4,665Out of Pocket$1,664Mortgage P&I$3,98085%Property Taxes$90319%Insurance$2345%Management$46610%CapEx$2335%Vacancy$2806%Maintenance$2335%

Investment Breakdown

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Purchase Price

$761k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$152k

Closing costs

1%

$7,608

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,665

Total Expenses

$6,329

Mortgage P&I

85%

$3,980

Property Taxes

19%

$903

Home Insurance

5%

$234

HOA

0%

$0

Property Management

10%

$466

CapEx

5%

$233

Vacancy

6%

$280

Maintenance

5%

$233

Other

0%

$0

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