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$4,408 (target)

150 Vergason Avenue, Norwich, CT 06360

3 beds • 3 baths • 1488 sqft

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This property might be a fair Mid-Term investment with a projected 6.59% first-year return on $85,200 initial cash invested.

6.59%

Cash On Cash

8.55%

Cap Rate

1.39

DSCR

$4,408

Rent

$468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,408 income − $3,940 expenses = $468 cash flow

Income$4,408Mortgage P&I$1,63637%Property Taxes$69416%Insurance$1123%Management$52912%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48511%Cash Flow$468

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,408

Total Expenses

$3,940

Mortgage P&I

37%

$1,636

Property Taxes

16%

$694

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$529

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$485

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