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$3,968 (target)

107 Phillips Street, Waterford, CT 06385

3 beds • 2 baths • 1434 sqft

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This property might be a fair Mid-Term investment with a projected 9.68% first-year return on $84,381 initial cash invested.

9.68%

Cash On Cash

9.04%

Cap Rate

1.54

DSCR

$3,968

Rent

$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,968 income − $3,287 expenses = $681 cash flow

Income$3,968Mortgage P&I$1,54239%Property Taxes$2967%Insurance$1003%Management$47612%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43611%Cash Flow$681

Investment Breakdown

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Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,381

Downpayment

20%

$63,220

Closing costs

1%

$3,161

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,968

Total Expenses

$3,287

Mortgage P&I

39%

$1,542

Property Taxes

7%

$296

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$476

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$436

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