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$3,792 (target)

64 McKinley Street, Manchester, CT 06040

3 beds • 3 baths • 1884 sqft

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This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $93,348 initial cash invested.

1.43%

Cash On Cash

6.89%

Cap Rate

1.15

DSCR

$3,792

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,792 income − $3,681 expenses = $111 cash flow

Income$3,792Mortgage P&I$1,79647%Property Taxes$47312%Insurance$1223%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%Cash Flow$111

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,348

Downpayment

20%

$71,760

Closing costs

1%

$3,588

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,792

Total Expenses

$3,681

Mortgage P&I

47%

$1,796

Property Taxes

12%

$473

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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