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$3,732 (target)

27 Idle Lane, Meriden, CT 06451

3 beds • 2 baths • 1966 sqft

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This property might be a fair Mid-Term investment with a projected 2.76% first-year return on $87,783 initial cash invested.

2.76%

Cash On Cash

7.29%

Cap Rate

1.21

DSCR

$3,732

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,732 income − $3,530 expenses = $202 cash flow

Income$3,732Mortgage P&I$1,66745%Property Taxes$47813%Insurance$1163%Management$44812%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41111%Cash Flow$202

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,783

Downpayment

20%

$66,460

Closing costs

1%

$3,323

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,732

Total Expenses

$3,530

Mortgage P&I

45%

$1,667

Property Taxes

13%

$478

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$411

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