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$4,480 (target)

21 Ichabod Road, Simsbury, CT 06070

3 beds • 2 baths • 1505 sqft

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This property looks like a bad Mid-Term investment with a projected -5.12% first-year return on $116k initial cash invested.

-5.12%

Cash On Cash

5.85%

Cap Rate

0.88

DSCR

$4,480

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,480 income − $4,973 expenses = $493 out of pocket

Income$4,480Out of Pocket$493Mortgage P&I$2,58258%Property Taxes$70216%Insurance$1664%Management$53812%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49311%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,480

Total Expenses

$4,973

Mortgage P&I

58%

$2,582

Property Taxes

16%

$702

Home Insurance

4%

$166

HOA

0%

$0

Property Management

12%

$538

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$493

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