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$6,534 (target)

66 Berkshire Drive, Middletown, CT 06032

3 beds • 2 baths • 1782 sqft

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This property might be a fair Mid-Term investment with a projected 8.27% first-year return on $129k initial cash invested.

8.27%

Cash On Cash

8.66%

Cap Rate

1.43

DSCR

$6,534

Rent

$891

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,534 income − $5,643 expenses = $891 cash flow

Income$6,534Mortgage P&I$2,67341%Property Taxes$5819%Insurance$1683%Management$78412%CapEx$2614%Vacancy$1963%Maintenance$2614%Other$71911%Cash Flow$891

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,303

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,534

Total Expenses

$5,643

Mortgage P&I

41%

$2,673

Property Taxes

9%

$581

Home Insurance

3%

$168

HOA

0%

$0

Property Management

12%

$784

CapEx

4%

$261

Vacancy

3%

$196

Maintenance

4%

$261

Other

11%

$719

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