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$5,798 (target)

271 Forsyth Road, Salem, CT 06420

3 beds • 3 baths • 2556 sqft

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This property looks like a bad Mid-Term investment with a projected -1.81% first-year return on $144k initial cash invested.

-1.81%

Cash On Cash

6.26%

Cap Rate

1

DSCR

$5,798

Rent

-$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,798 income − $6,015 expenses = $217 out of pocket

Income$5,798Out of Pocket$217Mortgage P&I$3,11654%Property Taxes$69912%Insurance$2284%Management$69612%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63811%

Investment Breakdown

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Purchase Price

$601k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,005

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,798

Total Expenses

$6,015

Mortgage P&I

54%

$3,116

Property Taxes

12%

$699

Home Insurance

4%

$228

HOA

0%

$0

Property Management

12%

$696

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$638

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