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$4,748 (target)

484 Old New London Road, Salem, CT 06420

3 beds • 2 baths • 1696 sqft

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This property looks like a bad Mid-Term investment with a projected -1.34% first-year return on $127k initial cash invested.

-1.34%

Cash On Cash

6.19%

Cap Rate

1.02

DSCR

$4,748

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,748 income − $4,890 expenses = $142 out of pocket

Income$4,748Out of Pocket$142Mortgage P&I$2,63455%Property Taxes$45810%Insurance$1844%Management$57012%CapEx$1904%Vacancy$1423%Maintenance$1904%Other$52211%

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,202

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,748

Total Expenses

$4,890

Mortgage P&I

55%

$2,634

Property Taxes

10%

$458

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$570

CapEx

4%

$190

Vacancy

3%

$142

Maintenance

4%

$190

Other

11%

$522

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