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$3,956 (target)

40 Doane Street, Manchester, CT 06042

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $84,696 initial cash invested.

4.17%

Cash On Cash

8.38%

Cap Rate

1.26

DSCR

$3,956

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,956 income − $3,662 expenses = $294 cash flow

Income$3,956Mortgage P&I$1,76745%Property Taxes$43811%Insurance$1123%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%Cash Flow$294

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,696

Downpayment

20%

$63,520

Closing costs

1%

$3,176

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,956

Total Expenses

$3,662

Mortgage P&I

45%

$1,767

Property Taxes

11%

$438

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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