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$3,122 (target)

1122 Fienemann Road, Farmington, CT 06032

3 beds • 2 baths • 1744 sqft

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This property looks like a bad Long-Term investment with a projected -6.95% first-year return on $95,592 initial cash invested.

-6.95%

Cash On Cash

4.93%

Cap Rate

0.82

DSCR

$3,122

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,122 income − $3,676 expenses = $554 out of pocket

Income$3,122Out of Pocket$554Mortgage P&I$2,27073%Property Taxes$44514%Insurance$1505%Management$31210%CapEx$1565%Vacancy$1876%Maintenance$1565%

Investment Breakdown

|

Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,592

Downpayment

20%

$91,040

Closing costs

1%

$4,552

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,122

Total Expenses

$3,676

Mortgage P&I

73%

$2,270

Property Taxes

14%

$445

Home Insurance

5%

$150

HOA

0%

$0

Property Management

10%

$312

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

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