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$4,742 (target)

124 Richards Street, West Haven, CT 06516

3 beds • 2 baths • 1544 sqft

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This property might be a fair Mid-Term investment with a projected 9.81% first-year return on $91,479 initial cash invested.

9.81%

Cash On Cash

9.2%

Cap Rate

1.54

DSCR

$4,742

Rent

$748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,742 income − $3,994 expenses = $748 cash flow

Income$4,742Mortgage P&I$1,74637%Property Taxes$51311%Insurance$1223%Management$56912%CapEx$1904%Vacancy$1423%Maintenance$1904%Other$52211%Cash Flow$748

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,742

Total Expenses

$3,994

Mortgage P&I

37%

$1,746

Property Taxes

11%

$513

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$569

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

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