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$5,138 (target)

241 Upper Pattagansett Road, East Lyme, CT 06333

3 beds • 3 baths • 3152 sqft

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This property looks like a bad Mid-Term investment with a projected -3.81% first-year return on $142k initial cash invested.

-3.81%

Cash On Cash

5.61%

Cap Rate

0.92

DSCR

$5,138

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,138 income − $5,588 expenses = $450 out of pocket

Income$5,138Out of Pocket$450Mortgage P&I$3,00258%Property Taxes$64212%Insurance$1964%Management$61712%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56511%

Investment Breakdown

|

Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,900

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,138

Total Expenses

$5,588

Mortgage P&I

58%

$3,002

Property Taxes

13%

$642

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$617

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$565

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