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$4,852 (target)

2 Stony Ridge Road, Norwich, CT 06360

3 beds • 3 baths • 1787 sqft

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This property might be a fair Mid-Term investment with a projected 1.05% first-year return on $113k initial cash invested.

1.05%

Cash On Cash

6.82%

Cap Rate

1.13

DSCR

$4,852

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,852 income − $4,753 expenses = $99 cash flow

Income$4,852Mortgage P&I$2,27447%Property Taxes$68414%Insurance$1453%Management$58212%CapEx$1944%Vacancy$1463%Maintenance$1944%Other$53411%Cash Flow$99

Investment Breakdown

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Purchase Price

$452k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,400

Closing costs

1%

$4,520

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,852

Total Expenses

$4,753

Mortgage P&I

47%

$2,274

Property Taxes

14%

$684

Home Insurance

3%

$145

HOA

0%

$0

Property Management

12%

$582

CapEx

4%

$194

Vacancy

3%

$146

Maintenance

4%

$194

Other

11%

$534

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