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$6,393 (target)

650 Manchester Road, Glastonbury, CT 06033

3 beds • 4 baths • 2818 sqft

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This property looks like a bad Mid-Term investment with a projected -5.19% first-year return on $165k initial cash invested.

-5.19%

Cash On Cash

6.1%

Cap Rate

0.89

DSCR

$6,393

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,393 income − $7,107 expenses = $714 out of pocket

Income$6,393Out of Pocket$714Mortgage P&I$4,01663%Property Taxes$67211%Insurance$2454%Management$76712%CapEx$2564%Vacancy$1923%Maintenance$2564%Other$70311%

Investment Breakdown

|

Purchase Price

$700k

Downpayment

20.0%

Interest Rate

7.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,999

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,393

Total Expenses

$7,107

Mortgage P&I

63%

$4,016

Property Taxes

11%

$672

Home Insurance

4%

$245

HOA

0%

$0

Property Management

12%

$767

CapEx

4%

$256

Vacancy

3%

$192

Maintenance

4%

$256

Other

11%

$703

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