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$7,745 (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 Long-Term investment with a projected -18.3% first-year return on $377k initial cash invested.

-18.3%

Cash On Cash

2.75%

Cap Rate

0.43

DSCR

$7,745

Rent

-$5,747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,745 income − $13,492 expenses = $5,747 out of pocket

Income$7,745Out of Pocket$5,747Mortgage P&I$9,468122%Property Taxes$1,38318%Insurance$6288%Management$77410%CapEx$3875%Vacancy$4656%Maintenance$3875%

Investment Breakdown

|

Purchase Price

$1795k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$377k

Downpayment

20%

$359k

Closing costs

1%

$17,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$7,745

Total Expenses

$13,492

Mortgage P&I

122%

$9,468

Property Taxes

18%

$1,383

Home Insurance

8%

$628

HOA

0%

$0

Property Management

10%

$774

CapEx

5%

$387

Vacancy

6%

$465

Maintenance

5%

$387

Other

0%

$0

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