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$2,215 (target)

398 Ripley Hill Rd, Coventry, CT 06238

2 beds • 1.5 baths • 1395 sqft

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This property looks like a bad Long-Term investment with a projected -14.62% first-year return on $78,330 initial cash invested.

-14.62%

Cash On Cash

3.71%

Cap Rate

0.58

DSCR

$2,215

Rent

-$954

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,215 income − $3,169 expenses = $954 out of pocket

Income$2,215Out of Pocket$954Mortgage P&I$1,99590%Property Taxes$46621%Insurance$1316%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,330

Downpayment

20%

$74,600

Closing costs

1%

$3,730

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,215

Total Expenses

$3,169

Mortgage P&I

90%

$1,995

Property Taxes

21%

$466

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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