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$3,830 (target)

213 Laurel Hill Avenue, Norwich, CT 06360

3 beds • 2 baths • 1302 sqft

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This property could be a profitable Mid-Term investment with a projected 10.91% first-year return on $71,823 initial cash invested.

10.91%

Cash On Cash

10.57%

Cap Rate

1.56

DSCR

$3,830

Rent

$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,830 income − $3,177 expenses = $653 cash flow

Income$3,830Mortgage P&I$1,45138%Property Taxes$3429%Insurance$822%Management$46012%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42111%Cash Flow$653

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,830

Total Expenses

$3,177

Mortgage P&I

38%

$1,451

Property Taxes

9%

$342

Home Insurance

2%

$82

HOA

0%

$0

Property Management

12%

$460

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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