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$2,875 (target)

209 Cranberry Pond Road, Norwich, CT 06360

3 beds • 2 baths • 2070 sqft

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This property looks like a bad Long-Term investment with a projected -11.83% first-year return on $95,739 initial cash invested.

-11.83%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$2,875

Rent

-$944

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,875 income − $3,819 expenses = $944 out of pocket

Income$2,875Out of Pocket$944Mortgage P&I$2,27479%Property Taxes$63622%Insurance$1616%Management$28810%CapEx$1445%Vacancy$1726%Maintenance$1445%

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,739

Downpayment

20%

$91,180

Closing costs

1%

$4,559

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,875

Total Expenses

$3,819

Mortgage P&I

79%

$2,274

Property Taxes

22%

$636

Home Insurance

6%

$161

HOA

0%

$0

Property Management

10%

$288

CapEx

5%

$144

Vacancy

6%

$172

Maintenance

5%

$144

Other

0%

$0

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