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$2,659 (target)

58 Maccormack Drive, Wolcott, CT 06716

3 beds • 2 baths • 936 sqft

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This property looks like a bad Long-Term investment with a projected -5.57% first-year return on $77,154 initial cash invested.

-5.57%

Cash On Cash

5.16%

Cap Rate

0.88

DSCR

$2,659

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,659 income − $3,017 expenses = $358 out of pocket

Income$2,659Out of Pocket$358Mortgage P&I$1,80568%Property Taxes$39015%Insurance$1305%Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,154

Downpayment

20%

$73,480

Closing costs

1%

$3,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,659

Total Expenses

$3,017

Mortgage P&I

68%

$1,805

Property Taxes

15%

$390

Home Insurance

5%

$130

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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