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48 Morris Avenue, New Haven, CT 06512

2 beds • 1 baths • 1403 sqft

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This property looks like a bad Long-Term investment with a projected -4.52% first-year return on $68,250 initial cash invested.

-4.52%

Cash On Cash

5.28%

Cap Rate

0.92

DSCR

$2,580

Rent

-$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,580

Total Expenses

$2,837

Mortgage P&I

60%

$1,559

Property Taxes

19%

$493

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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