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$5,460 (target)

45 Queens Avenue, Stratford, CT 06614

3 beds • 2 baths • 1616 sqft

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This property could be a profitable Mid-Term investment with a projected 13.35% first-year return on $93,180 initial cash invested.

13.35%

Cash On Cash

10.56%

Cap Rate

1.66

DSCR

$5,460

Rent

$1,037

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,460 income − $4,423 expenses = $1,037 cash flow

Income$5,460Mortgage P&I$1,89435%Property Taxes$55110%Insurance$1222%Management$65512%CapEx$2184%Vacancy$1643%Maintenance$2184%Other$60111%Cash Flow$1,037

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,180

Downpayment

20%

$71,600

Closing costs

1%

$3,580

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,460

Total Expenses

$4,423

Mortgage P&I

35%

$1,894

Property Taxes

10%

$551

Home Insurance

2%

$122

HOA

0%

$0

Property Management

12%

$655

CapEx

4%

$218

Vacancy

3%

$164

Maintenance

4%

$218

Other

11%

$601

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