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$6,060 (target)

1169 Flanders Rd, Coventry, CT 06238

3 beds • 2 baths • 2316 sqft

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This property might be a fair Mid-Term investment with a projected 5.76% first-year return on $129k initial cash invested.

5.76%

Cash On Cash

7.81%

Cap Rate

1.33

DSCR

$6,060

Rent

$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,060 income − $5,441 expenses = $619 cash flow

Income$6,060Mortgage P&I$2,58043%Property Taxes$61610%Insurance$1853%Management$72712%CapEx$2424%Vacancy$1823%Maintenance$2424%Other$66711%Cash Flow$619

Investment Breakdown

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Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,288

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,060

Total Expenses

$5,441

Mortgage P&I

43%

$2,580

Property Taxes

10%

$616

Home Insurance

3%

$185

HOA

0%

$0

Property Management

12%

$727

CapEx

4%

$242

Vacancy

3%

$182

Maintenance

4%

$242

Other

11%

$667

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