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$4,158 (target)

1563 Old North Colony Road, Meriden, CT 06450

3 beds • 2 baths • 2280 sqft

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This property looks like a bad Mid-Term investment with a projected -0.31% first-year return on $99,879 initial cash invested.

-0.31%

Cash On Cash

6.54%

Cap Rate

1.07

DSCR

$4,158

Rent

-$26

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,158 income − $4,184 expenses = $26 out of pocket

Income$4,158Out of Pocket$26Mortgage P&I$1,98648%Property Taxes$64916%Insurance$1363%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45711%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,158

Total Expenses

$4,184

Mortgage P&I

48%

$1,986

Property Taxes

16%

$649

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$457

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