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$7,230 (target)

145 Monarca Drive, Middletown, CT 06457

3 beds • 4 baths • 3456 sqft

$1,350,000

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This property looks like a bad Mid-Term investment with a projected -17.35% first-year return on $302k initial cash invested.

-17.35%

Cash On Cash

2.71%

Cap Rate

0.43

DSCR

$7,230

Rent

-$4,358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,230 income − $11,588 expenses = $4,358 out of pocket

Income$7,230Out of Pocket$4,358Mortgage P&I$7,12198%Property Taxes$1,53721%Insurance$4727%Management$86812%CapEx$2894%Vacancy$2173%Maintenance$2894%Other$79511%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,230

Total Expenses

$11,588

Mortgage P&I

98%

$7,121

Property Taxes

21%

$1,537

Home Insurance

7%

$472

HOA

0%

$0

Property Management

12%

$868

CapEx

4%

$289

Vacancy

3%

$217

Maintenance

4%

$289

Other

11%

$795

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