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$6,616 (target)

2 Merrywood, Simsbury, CT 06070

3 beds • 4 baths • 2568 sqft

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This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $140k initial cash invested.

3.16%

Cash On Cash

7.27%

Cap Rate

1.22

DSCR

$6,616

Rent

$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,616 income − $6,248 expenses = $368 cash flow

Income$6,616Mortgage P&I$2,87743%Property Taxes$91814%Insurance$2033%Management$79412%CapEx$2654%Vacancy$1983%Maintenance$2654%Other$72811%Cash Flow$368

Investment Breakdown

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Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,790

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,616

Total Expenses

$6,248

Mortgage P&I

43%

$2,877

Property Taxes

14%

$918

Home Insurance

3%

$203

HOA

0%

$0

Property Management

12%

$794

CapEx

4%

$265

Vacancy

3%

$198

Maintenance

4%

$265

Other

11%

$728

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