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$11,618 (target)

97 Overlook Drive, New Canaan, CT 06840

3 beds • 3 baths • 3132 sqft

$1,795,000

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This property looks like a bad Mid-Term investment with a projected -11.58% first-year return on $395k initial cash invested.

-11.58%

Cash On Cash

4.09%

Cap Rate

0.65

DSCR

$11,618

Rent

-$3,812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$11,618 income − $15,430 expenses = $3,812 out of pocket

Income$11,618Out of Pocket$3,812Mortgage P&I$9,46881%Property Taxes$1,38312%Insurance$6285%Management$1,39412%CapEx$4654%Vacancy$3493%Maintenance$4654%Other$1,27811%

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

$11,618

Total Expenses

$15,430

Mortgage P&I

81%

$9,468

Property Taxes

12%

$1,383

Home Insurance

5%

$628

HOA

0%

$0

Property Management

12%

$1,394

CapEx

4%

$465

Vacancy

3%

$349

Maintenance

4%

$465

Other

11%

$1,278

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