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$4,232 (target)

28 Hickory Road, Colchester, CT 06415

3 beds • 2 baths • 1387 sqft

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This property might be a fair Mid-Term investment with a projected 4.8% first-year return on $95,679 initial cash invested.

4.8%

Cash On Cash

7.97%

Cap Rate

1.29

DSCR

$4,232

Rent

$383

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,232 income − $3,849 expenses = $383 cash flow

Income$4,232Mortgage P&I$1,90645%Property Taxes$3749%Insurance$1303%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%Cash Flow$383

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,679

Downpayment

20%

$73,980

Closing costs

1%

$3,699

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,232

Total Expenses

$3,849

Mortgage P&I

45%

$1,906

Property Taxes

9%

$374

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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