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$7,112 (target)

31 Sols Point Road, Clinton, CT 06413

3 beds • 3 baths • 2113 sqft

$1,647,000

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This property looks like a bad Mid-Term investment with a projected -17.09% first-year return on $364k initial cash invested.

-17.09%

Cash On Cash

2.6%

Cap Rate

0.42

DSCR

$7,112

Rent

-$5,181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,112 income − $12,293 expenses = $5,181 out of pocket

Income$7,112Out of Pocket$5,181Mortgage P&I$8,459119%Property Taxes$86012%Insurance$5588%Management$85312%CapEx$2844%Vacancy$2133%Maintenance$2844%Other$78211%

Investment Breakdown

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Purchase Price

$1647k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$364k

Downpayment

20%

$329k

Closing costs

1%

$16,470

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,112

Total Expenses

$12,293

Mortgage P&I

119%

$8,459

Property Taxes

12%

$860

Home Insurance

8%

$558

HOA

0%

$0

Property Management

12%

$853

CapEx

4%

$284

Vacancy

3%

$213

Maintenance

4%

$284

Other

11%

$782

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