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$3,562 (target)

132 Neanda Street, New Britain, CT 06053

3 beds • 2 baths • 1120 sqft

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This property might be a fair Mid-Term investment with a projected 2.5% first-year return on $85,536 initial cash invested.

2.5%

Cash On Cash

7.27%

Cap Rate

1.2

DSCR

$3,562

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,562 income − $3,384 expenses = $178 cash flow

Income$3,562Mortgage P&I$1,62846%Property Taxes$43112%Insurance$1153%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39211%Cash Flow$178

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,536

Downpayment

20%

$64,320

Closing costs

1%

$3,216

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,562

Total Expenses

$3,384

Mortgage P&I

46%

$1,628

Property Taxes

12%

$431

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$392

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