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$4,905 (target)

240 Wrights Mill Rd, Coventry, CT 06238

3 beds • 2 baths • 1806 sqft

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This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $121k initial cash invested.

1.48%

Cash On Cash

6.74%

Cap Rate

1.14

DSCR

$4,905

Rent

$149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,905 income − $4,756 expenses = $149 cash flow

Income$4,905Mortgage P&I$2,40149%Property Taxes$51611%Insurance$1713%Management$58912%CapEx$1964%Vacancy$1473%Maintenance$1964%Other$54011%Cash Flow$149

Investment Breakdown

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Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,740

Closing costs

1%

$4,887

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,905

Total Expenses

$4,756

Mortgage P&I

49%

$2,401

Property Taxes

11%

$516

Home Insurance

3%

$171

HOA

0%

$0

Property Management

12%

$589

CapEx

4%

$196

Vacancy

3%

$147

Maintenance

4%

$196

Other

11%

$540

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