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$4,566 (target)

581 Main Street, Cromwell, CT 06416

3 beds • 3 baths • 2070 sqft

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This property might be a fair Mid-Term investment with a projected 2.6% first-year return on $106k initial cash invested.

2.6%

Cash On Cash

7.38%

Cap Rate

1.19

DSCR

$4,566

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,566 income − $4,336 expenses = $230 cash flow

Income$4,566Mortgage P&I$2,16647%Property Taxes$46810%Insurance$1493%Management$54812%CapEx$1834%Vacancy$1373%Maintenance$1834%Other$50211%Cash Flow$230

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%

$83,880

Closing costs

1%

$4,194

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,566

Total Expenses

$4,336

Mortgage P&I

47%

$2,166

Property Taxes

10%

$468

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$548

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$502

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