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$3,722 (target)

235 Summit Street, Manchester, CT 06042

3 beds • 2 baths • 1424 sqft

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This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $91,815 initial cash invested.

0.98%

Cash On Cash

6.77%

Cap Rate

1.13

DSCR

$3,722

Rent

$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,722 income − $3,647 expenses = $75 cash flow

Income$3,722Mortgage P&I$1,76047%Property Taxes$47413%Insurance$1474%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%Cash Flow$75

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,815

Downpayment

20%

$70,300

Closing costs

1%

$3,515

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,722

Total Expenses

$3,647

Mortgage P&I

47%

$1,760

Property Taxes

13%

$474

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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