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$4,620 (target)

56 Terry Road, Gales Ferry, CT 06335

3 beds • 3 baths • 1788 sqft

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This property might be a fair Mid-Term investment with a projected 2.5% first-year return on $106k initial cash invested.

2.5%

Cash On Cash

7.34%

Cap Rate

1.19

DSCR

$4,620

Rent

$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,620 income − $4,399 expenses = $221 cash flow

Income$4,620Mortgage P&I$2,15547%Property Taxes$52311%Insurance$1503%Management$55412%CapEx$1854%Vacancy$1393%Maintenance$1854%Other$50811%Cash Flow$221

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,700

Closing costs

1%

$4,185

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,620

Total Expenses

$4,399

Mortgage P&I

47%

$2,155

Property Taxes

11%

$523

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$554

CapEx

4%

$185

Vacancy

3%

$139

Maintenance

4%

$185

Other

11%

$508

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