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$4,869 (target)

62 Admiral Drive, New London, CT 06320

3 beds • 3 baths • 4116 sqft

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This property looks like a bad Mid-Term investment with a projected -13.08% first-year return on $186k initial cash invested.

-13.08%

Cash On Cash

3.51%

Cap Rate

0.56

DSCR

$4,869

Rent

-$2,027

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,869 income − $6,896 expenses = $2,027 out of pocket

Income$4,869Out of Pocket$2,027Mortgage P&I$4,17386%Property Taxes$77916%Insurance$2806%HOA$8Management$58412%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53611%

Investment Breakdown

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Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$8,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,869

Total Expenses

$6,896

Mortgage P&I

86%

$4,173

Property Taxes

16%

$779

Home Insurance

6%

$280

HOA

0%

$8

Property Management

12%

$584

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$536

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