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$3,718 (target)

153 McKinley Avenue, Norwich, CT 06360

3 beds • 2 baths • 1452 sqft

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This property might be a fair Mid-Term investment with a projected 7.02% first-year return on $79,677 initial cash invested.

7.02%

Cash On Cash

8.41%

Cap Rate

1.43

DSCR

$3,718

Rent

$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,718 income − $3,252 expenses = $466 cash flow

Income$3,718Mortgage P&I$1,44339%Property Taxes$44012%Insurance$1043%Management$44612%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%Cash Flow$466

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,677

Downpayment

20%

$58,740

Closing costs

1%

$2,937

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,718

Total Expenses

$3,252

Mortgage P&I

39%

$1,443

Property Taxes

12%

$440

Home Insurance

3%

$104

HOA

0%

$0

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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