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$4,210 (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 Long-Term investment with a projected -18.13% first-year return on $241k initial cash invested.

-18.13%

Cash On Cash

2.52%

Cap Rate

0.41

DSCR

$4,210

Rent

-$3,641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,210 income − $7,851 expenses = $3,641 out of pocket

Income$4,210Out of Pocket$3,641Mortgage P&I$5,846139%Property Taxes$49112%Insurance$42010%Management$42110%CapEx$2105%Vacancy$2536%Maintenance$2105%

Investment Breakdown

|

Purchase Price

$1148k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$241k

Downpayment

20%

$230k

Closing costs

1%

$11,478

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,210

Total Expenses

$7,851

Mortgage P&I

139%

$5,846

Property Taxes

12%

$491

Home Insurance

10%

$420

HOA

0%

$0

Property Management

10%

$421

CapEx

5%

$210

Vacancy

6%

$253

Maintenance

5%

$210

Other

0%

$0

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