REI Lense

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$4,524 (target)

59 Newtown Avenue, Norwalk, CT 06851

3 beds • 3 baths • 2430 sqft

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This property looks like a bad Long-Term investment with a projected -10.93% first-year return on $150k initial cash invested.

-10.93%

Cash On Cash

4.33%

Cap Rate

0.69

DSCR

$4,524

Rent

-$1,368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,524 income − $5,892 expenses = $1,368 out of pocket

Income$4,524Out of Pocket$1,368Mortgage P&I$3,72282%Property Taxes$74516%Insurance$2506%Management$45210%CapEx$2265%Vacancy$2716%Maintenance$2265%

Investment Breakdown

|

Purchase Price

$715k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$143k

Closing costs

1%

$7,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,524

Total Expenses

$5,892

Mortgage P&I

82%

$3,722

Property Taxes

16%

$745

Home Insurance

6%

$250

HOA

0%

$0

Property Management

10%

$452

CapEx

5%

$226

Vacancy

6%

$271

Maintenance

5%

$226

Other

0%

$0

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