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$6,585 (target)

31 Melrose Avenue, Trumbull, CT 06611

3 beds • 3 baths • 2520 sqft

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This property looks like a bad Mid-Term investment with a projected -4.63% first-year return on $169k initial cash invested.

-4.63%

Cash On Cash

5.64%

Cap Rate

0.9

DSCR

$6,585

Rent

-$652

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,585 income − $7,237 expenses = $652 out of pocket

Income$6,585Out of Pocket$652Mortgage P&I$3,76957%Property Taxes$98015%Insurance$2504%Management$79012%CapEx$2634%Vacancy$1983%Maintenance$2634%Other$72411%

Investment Breakdown

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Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,192

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,585

Total Expenses

$7,237

Mortgage P&I

57%

$3,769

Property Taxes

15%

$980

Home Insurance

4%

$250

HOA

0%

$0

Property Management

12%

$790

CapEx

4%

$263

Vacancy

3%

$198

Maintenance

4%

$263

Other

11%

$724

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