REI Lense

REI Lense

Unlock all features! Tap here to upgrade

97 Overlook Drive, New Canaan, CT 06840

3 beds • 3 baths • 3132 sqft

$1,795,000

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -28.88% first-year return on $395k initial cash invested.

-28.88%

Cash On Cash

0.08%

Cap Rate

0.01

DSCR

$3,797

Rent

-$9,505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,797 income − $13,302 expenses = $9,505 out of pocket

Income$3,797Out of Pocket$9,505Mortgage P&I$9,468249%Property Taxes$1,38336%Insurance$62817%Management$57015%CapEx$1524%Maintenance$1524%Other$94925%

Investment Breakdown

|

Purchase Price

$1795k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$395k

Downpayment

20%

$359k

Closing costs

1%

$17,950

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,797

Total Expenses

$13,302

Mortgage P&I

249%

$9,468

Property Taxes

36%

$1,383

Home Insurance

17%

$628

HOA

0%

$0

Property Management

15%

$570

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$949

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis