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$3,777 (target)

420 Asylum Street, Norwich, CT 06360

3 beds • 2 baths • 1881 sqft

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This property might be a fair Mid-Term investment with a projected 4.24% first-year return on $82,407 initial cash invested.

4.24%

Cash On Cash

7.71%

Cap Rate

1.29

DSCR

$3,777

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,777 income − $3,486 expenses = $291 cash flow

Income$3,777Mortgage P&I$1,52940%Property Taxes$56615%Insurance$1083%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%Cash Flow$291

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,407

Downpayment

20%

$61,340

Closing costs

1%

$3,067

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,777

Total Expenses

$3,486

Mortgage P&I

40%

$1,529

Property Taxes

15%

$566

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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