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$2,816 (target)

1185 Boston Tpke, Coventry, CT 06238

3 beds • 1.5 baths • 1760 sqft

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This property looks like a bad Long-Term investment with a projected -5.43% first-year return on $74,277 initial cash invested.

-5.43%

Cash On Cash

5.49%

Cap Rate

0.89

DSCR

$2,816

Rent

-$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,816 income − $3,152 expenses = $336 out of pocket

Income$2,816Out of Pocket$336Mortgage P&I$1,81364%Property Taxes$48217%Insurance$1244%Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,277

Downpayment

20%

$70,740

Closing costs

1%

$3,537

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,816

Total Expenses

$3,152

Mortgage P&I

64%

$1,813

Property Taxes

17%

$482

Home Insurance

4%

$124

HOA

0%

$0

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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