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$6,275 (target)

470 Rock Ridge Road, Fairfield, CT 06824

3 beds • 3 baths • 2798 sqft

$1,199,000

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This property looks like a bad Long-Term investment with a projected -13.45% first-year return on $252k initial cash invested.

-13.45%

Cash On Cash

3.54%

Cap Rate

0.58

DSCR

$6,275

Rent

-$2,823

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,275 income − $9,098 expenses = $2,823 out of pocket

Income$6,275Out of Pocket$2,823Mortgage P&I$6,04596%Property Taxes$95315%Insurance$4207%HOA$481%Management$62810%CapEx$3145%Vacancy$3766%Maintenance$3145%

Investment Breakdown

|

Purchase Price

$1199k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$252k

Downpayment

20%

$240k

Closing costs

1%

$11,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,275

Total Expenses

$9,098

Mortgage P&I

96%

$6,045

Property Taxes

15%

$953

Home Insurance

7%

$420

HOA

1%

$48

Property Management

10%

$628

CapEx

5%

$314

Vacancy

6%

$376

Maintenance

5%

$314

Other

0%

$0

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