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$5,334 (target)

36 Belmont Avenue, Meriden, CT 06451

3 beds • 3 baths • 1749 sqft

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This property might be a fair Mid-Term investment with a projected 0.34% first-year return on $125k initial cash invested.

0.34%

Cash On Cash

6.75%

Cap Rate

1.09

DSCR

$5,334

Rent

$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,334 income − $5,299 expenses = $35 cash flow

Income$5,334Mortgage P&I$2,62649%Property Taxes$68513%Insurance$1753%Management$64012%CapEx$2134%Vacancy$1603%Maintenance$2134%Other$58711%Cash Flow$35

Investment Breakdown

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Purchase Price

$511k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,106

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,334

Total Expenses

$5,299

Mortgage P&I

49%

$2,626

Property Taxes

13%

$685

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$640

CapEx

4%

$213

Vacancy

3%

$160

Maintenance

4%

$213

Other

11%

$587

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