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44 Tolland Avenue APT 60, Stafford Springs, CT 06076
2 beds • 2 baths • 1144 sqft
$237,900
View on ZillowThis property looks like a bad Long-Term investment with a projected -11.82% first-year return on $49,959 initial cash invested.
-11.82%
Cash On Cash
4.79%
Cap Rate
0.71
DSCR
$2,059
Rent
-$492
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,059 income − $2,551 expenses = $492 out of pocket
Investment Breakdown
|
Purchase Price
$238k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,959
Downpayment
20%
$47,580
Closing costs
1%
$2,379
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,059
Total Expenses
$2,551
Mortgage P&I
65%
$1,339
Property Taxes
11%
$231
Home Insurance
4%
$77
HOA
18%
$368
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0