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65-67 Sterling St, Fairfield, CT 06825
6 beds • 6 baths • 3500 sqft • 2 units
$1,095,000
View on ZillowThis property looks like a bad Long-Term investment with a projected -5.64% first-year return on $230k initial cash invested.
-5.64%
Cash On Cash
5.66%
Cap Rate
0.89
DSCR
$8,974
Rent
-$1,081
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,974 income − $10,055 expenses = $1,081 out of pocket
Investment Breakdown
|
Purchase Price
$1095k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$230k
Downpayment
20%
$219k
Closing costs
1%
$10,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$8,974
Total Expenses
$10,055
Mortgage P&I
65%
$5,797
Property Taxes
17%
$1,542
Home Insurance
4%
$383
HOA
0%
$0
Property Management
10%
$897
CapEx
5%
$449
Vacancy
6%
$538
Maintenance
5%
$449
Other
0%
$0