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$6,867 (target)

21 Harmony Lane, Monroe, CT 06468

3 beds • 3 baths • 2643 sqft

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This property looks like a bad Mid-Term investment with a projected -2.47% first-year return on $171k initial cash invested.

-2.47%

Cash On Cash

5.98%

Cap Rate

0.98

DSCR

$6,867

Rent

-$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,867 income − $7,220 expenses = $353 out of pocket

Income$6,867Out of Pocket$353Mortgage P&I$3,72154%Property Taxes$92613%Insurance$2383%Management$82412%CapEx$2754%Vacancy$2063%Maintenance$2754%Other$75511%

Investment Breakdown

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Purchase Price

$731k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,309

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,867

Total Expenses

$7,220

Mortgage P&I

54%

$3,721

Property Taxes

13%

$926

Home Insurance

3%

$238

HOA

0%

$0

Property Management

12%

$824

CapEx

4%

$275

Vacancy

3%

$206

Maintenance

4%

$275

Other

11%

$755

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