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$6,786 (target)

59 Newtown Avenue, Norwalk, CT 06851

3 beds • 3 baths • 2430 sqft

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This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $168k initial cash invested.

-1.69%

Cash On Cash

6.3%

Cap Rate

1.01

DSCR

$6,786

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,786 income − $7,023 expenses = $237 out of pocket

Income$6,786Out of Pocket$237Mortgage P&I$3,72255%Property Taxes$74511%Insurance$2504%Management$81412%CapEx$2714%Vacancy$2043%Maintenance$2714%Other$74611%

Investment Breakdown

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Purchase Price

$715k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,150

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,786

Total Expenses

$7,023

Mortgage P&I

55%

$3,722

Property Taxes

11%

$745

Home Insurance

4%

$250

HOA

0%

$0

Property Management

12%

$814

CapEx

4%

$271

Vacancy

3%

$204

Maintenance

4%

$271

Other

11%

$746

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