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$2,637 (target)

40 Doane Street, Manchester, CT 06042

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -6.59% first-year return on $66,696 initial cash invested.

-6.59%

Cash On Cash

5.79%

Cap Rate

0.87

DSCR

$2,637

Rent

-$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,637 income − $3,003 expenses = $366 out of pocket

Income$2,637Out of Pocket$366Mortgage P&I$1,76767%Property Taxes$43817%Insurance$1124%Management$26410%CapEx$1325%Vacancy$1586%Maintenance$1325%

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,696

Downpayment

20%

$63,520

Closing costs

1%

$3,176

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,637

Total Expenses

$3,003

Mortgage P&I

67%

$1,767

Property Taxes

17%

$438

Home Insurance

4%

$112

HOA

0%

$0

Property Management

10%

$264

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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