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$4,556 (target)

23 Somerset Street, Wethersfield, CT 06109

3 beds • 2 baths • 1683 sqft

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This property looks like a bad Mid-Term investment with a projected -3.34% first-year return on $111k initial cash invested.

-3.34%

Cash On Cash

5.83%

Cap Rate

0.94

DSCR

$4,556

Rent

-$308

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,556 income − $4,864 expenses = $308 out of pocket

Income$4,556Out of Pocket$308Mortgage P&I$2,26850%Property Taxes$89720%Insurance$1503%Management$54712%CapEx$1824%Vacancy$1373%Maintenance$1824%Other$50111%

Investment Breakdown

|

Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,200

Closing costs

1%

$4,410

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,556

Total Expenses

$4,864

Mortgage P&I

50%

$2,268

Property Taxes

20%

$897

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$547

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$501

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