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$2,645 (target)

107 Phillips Street, Waterford, CT 06385

3 beds • 2 baths • 1434 sqft

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This property might be a fair Long-Term investment with a projected 0.36% first-year return on $66,381 initial cash invested.

0.36%

Cash On Cash

6.43%

Cap Rate

1.1

DSCR

$2,645

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,645 income − $2,625 expenses = $20 cash flow

Income$2,645Mortgage P&I$1,54258%Property Taxes$29611%Insurance$1004%Management$26410%CapEx$1325%Vacancy$1596%Maintenance$1325%Cash Flow$20

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,381

Downpayment

20%

$63,220

Closing costs

1%

$3,161

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,645

Total Expenses

$2,625

Mortgage P&I

58%

$1,542

Property Taxes

11%

$296

Home Insurance

4%

$100

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$159

Maintenance

5%

$132

Other

0%

$0

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