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$7,566 (target)

108 Atlantic Avenue, Groton, CT 06340

3 beds • 3 baths • 1476 sqft

$1,748,500

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This property looks like a bad Mid-Term investment with a projected -20.39% first-year return on $385k initial cash invested.

-20.39%

Cash On Cash

1.87%

Cap Rate

0.3

DSCR

$7,566

Rent

-$6,545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,566 income − $14,111 expenses = $6,545 out of pocket

Income$7,566Out of Pocket$6,545Mortgage P&I$8,971119%Property Taxes$1,68922%Insurance$6619%HOA$2173%Management$90812%CapEx$3034%Vacancy$2273%Maintenance$3034%Other$83211%

Investment Breakdown

|

Purchase Price

$1749k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$385k

Downpayment

20%

$350k

Closing costs

1%

$17,485

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,566

Total Expenses

$14,111

Mortgage P&I

119%

$8,971

Property Taxes

22%

$1,689

Home Insurance

9%

$661

HOA

3%

$217

Property Management

12%

$908

CapEx

4%

$303

Vacancy

3%

$227

Maintenance

4%

$303

Other

11%

$832

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