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$5,304 (target)

240 Elm Street, Old Saybrook, CT 06475

3 beds • 2 baths • 1404 sqft

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This property might be a fair Mid-Term investment with a projected 6.17% first-year return on $120k initial cash invested.

6.17%

Cash On Cash

8.02%

Cap Rate

1.34

DSCR

$5,304

Rent

$617

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,304 income − $4,687 expenses = $617 cash flow

Income$5,304Mortgage P&I$2,42146%Property Taxes$2895%Insurance$1753%Management$63612%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58311%Cash Flow$617

Investment Breakdown

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Purchase Price

$486k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,200

Closing costs

1%

$4,860

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,304

Total Expenses

$4,687

Mortgage P&I

46%

$2,421

Property Taxes

5%

$289

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$636

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$583

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