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$3,722 (target)

53 Prospect St, Bloomfield, CT 06002

3 beds • 1.5 baths • 1303 sqft

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This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $92,130 initial cash invested.

2.31%

Cash On Cash

7.26%

Cap Rate

1.18

DSCR

$3,722

Rent

$177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,722 income − $3,545 expenses = $177 cash flow

Income$3,722Mortgage P&I$1,81149%Property Taxes$38010%Insurance$882%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$40911%Cash Flow$177

Investment Breakdown

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Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,130

Downpayment

20%

$70,600

Closing costs

1%

$3,530

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,722

Total Expenses

$3,545

Mortgage P&I

49%

$1,811

Property Taxes

10%

$380

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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