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$5,775 (target)

15 Red Schoolhouse Rd, Colchester, CT 06415

3 beds • 3 baths • 1912 sqft

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This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $128k initial cash invested.

4.31%

Cash On Cash

7.56%

Cap Rate

1.26

DSCR

$5,775

Rent

$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,775 income − $5,316 expenses = $459 cash flow

Income$5,775Mortgage P&I$2,60745%Property Taxes$56310%Insurance$1833%Management$69312%CapEx$2314%Vacancy$1733%Maintenance$2314%Other$63511%Cash Flow$459

Investment Breakdown

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Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,231

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,775

Total Expenses

$5,316

Mortgage P&I

45%

$2,607

Property Taxes

10%

$563

Home Insurance

3%

$183

HOA

0%

$0

Property Management

12%

$693

CapEx

4%

$231

Vacancy

3%

$173

Maintenance

4%

$231

Other

11%

$635

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