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$3,520 (target)

377 Jefferson Avenue, New London, CT 06320

3 beds • 2 baths • 1442 sqft

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This property could be a profitable Mid-Term investment with a projected 10.54% first-year return on $70,500 initial cash invested.

10.54%

Cash On Cash

9.84%

Cap Rate

1.59

DSCR

$3,520

Rent

$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $2,901 expenses = $619 cash flow

Income$3,520Mortgage P&I$1,28937%Property Taxes$3279%Insurance$883%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$619

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,520

Total Expenses

$2,901

Mortgage P&I

37%

$1,289

Property Taxes

9%

$327

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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