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$6,315 (target)

61 Mystic Road, North Stonington, CT 06359

3 beds • 2 baths • 2490 sqft

$1,147,800

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This property looks like a bad Mid-Term investment with a projected -12% first-year return on $259k initial cash invested.

-12%

Cash On Cash

3.67%

Cap Rate

0.6

DSCR

$6,315

Rent

-$2,590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,315 income − $8,905 expenses = $2,590 out of pocket

Income$6,315Out of Pocket$2,590Mortgage P&I$5,84693%Property Taxes$4918%Insurance$4207%Management$75812%CapEx$2534%Vacancy$1893%Maintenance$2534%Other$69511%

Investment Breakdown

|

Purchase Price

$1148k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$259k

Downpayment

20%

$230k

Closing costs

1%

$11,478

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,315

Total Expenses

$8,905

Mortgage P&I

93%

$5,846

Property Taxes

8%

$491

Home Insurance

7%

$420

HOA

0%

$0

Property Management

12%

$758

CapEx

4%

$253

Vacancy

3%

$189

Maintenance

4%

$253

Other

11%

$695

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