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$3,976 (target)

7 Usher Avenue, Plainville, CT 06062

3 beds • 2 baths • 1386 sqft

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This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $99,879 initial cash invested.

1.49%

Cash On Cash

6.76%

Cap Rate

1.15

DSCR

$3,976

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,976 income − $3,852 expenses = $124 cash flow

Income$3,976Mortgage P&I$1,91548%Property Taxes$45011%Insurance$1363%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43711%Cash Flow$124

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,879

Downpayment

20%

$77,980

Closing costs

1%

$3,899

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,976

Total Expenses

$3,852

Mortgage P&I

48%

$1,915

Property Taxes

11%

$450

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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