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$6,464 (target)

21 Tower Avenue, Groton, CT 06340

3 beds • 2 baths • 2171 sqft

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This property could be a profitable Mid-Term investment with a projected 19.87% first-year return on $99,690 initial cash invested.

19.87%

Cash On Cash

11.94%

Cap Rate

1.97

DSCR

$6,464

Rent

$1,651

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,464 income − $4,813 expenses = $1,651 cash flow

Income$6,464Mortgage P&I$1,96130%Property Taxes$5178%Insurance$1362%Management$77612%CapEx$2594%Vacancy$1943%Maintenance$2594%Other$71111%Cash Flow$1,651

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$6,464

Total Expenses

$4,813

Mortgage P&I

30%

$1,961

Property Taxes

8%

$517

Home Insurance

2%

$136

HOA

0%

$0

Property Management

12%

$776

CapEx

4%

$259

Vacancy

3%

$194

Maintenance

4%

$259

Other

11%

$711

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