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$3,840 (target)

53 Temple Drive, East Hartford, CT 06108

3 beds • 2 baths • 1202 sqft

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This property might be a fair Mid-Term investment with a projected 2.77% first-year return on $87,615 initial cash invested.

2.77%

Cash On Cash

7.3%

Cap Rate

1.21

DSCR

$3,840

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,840 income − $3,638 expenses = $202 cash flow

Income$3,840Mortgage P&I$1,66043%Property Taxes$56015%Insurance$1123%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42211%Cash Flow$202

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,615

Downpayment

20%

$66,300

Closing costs

1%

$3,315

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,840

Total Expenses

$3,638

Mortgage P&I

43%

$1,660

Property Taxes

15%

$560

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$422

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