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$6,730 (target)

65-67 Sterling St, Fairfield, CT 06825

6 beds • 6 baths • 3500 sqft • 2 units

$1,095,000

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This property might be a fair Mid-Term investment with a projected 5.25% first-year return on $266k initial cash invested.

5.25%

Cash On Cash

8.22%

Cap Rate

1.29

DSCR

$13,461

Rent

$1,163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$13,461 income − $12,298 expenses = $1,163 cash flow

Income$13,461Mortgage P&I$5,79743%Property Taxes$1,54211%Insurance$3833%Management$1,61512%CapEx$5384%Vacancy$4043%Maintenance$5384%Other$1,48111%Cash Flow$1,163

Investment Breakdown

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Purchase Price

$1095k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$266k

Downpayment

20%

$219k

Closing costs

1%

$10,950

Rehab

0%

$0

Furnishing

3%

$36,000

Cashflow

Total Income

$13,461

Total Expenses

$12,298

Mortgage P&I

43%

$5,797

Property Taxes

11%

$1,542

Home Insurance

3%

$383

HOA

0%

$0

Property Management

12%

$1,615

CapEx

4%

$538

Vacancy

3%

$404

Maintenance

4%

$538

Other

11%

$1,481

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