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$6,885 (target)

24 Lindsey Avenue, Stamford, CT 06905

3 beds • 2 baths • 1822 sqft

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This property looks like a bad Mid-Term investment with a projected -4.2% first-year return on $195k initial cash invested.

-4.2%

Cash On Cash

5.43%

Cap Rate

0.9

DSCR

$6,885

Rent

-$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,885 income − $7,566 expenses = $681 out of pocket

Income$6,885Out of Pocket$681Mortgage P&I$4,21361%Property Taxes$82112%Insurance$1923%Management$82612%CapEx$2754%Vacancy$2073%Maintenance$2754%Other$75711%

Investment Breakdown

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Purchase Price

$841k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$168k

Closing costs

1%

$8,413

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,885

Total Expenses

$7,566

Mortgage P&I

61%

$4,213

Property Taxes

12%

$821

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$826

CapEx

4%

$275

Vacancy

3%

$207

Maintenance

4%

$275

Other

11%

$757

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