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$3,690 (target)

74 Maple Street, Meriden, CT 06451

3 beds • 2 baths • 1232 sqft

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This property could be a profitable Mid-Term investment with a projected 24.83% first-year return on $55,779 initial cash invested.

24.83%

Cash On Cash

14.83%

Cap Rate

2.41

DSCR

$3,690

Rent

$1,154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,690 income − $2,536 expenses = $1,154 cash flow

Income$3,690Mortgage P&I$92225%Property Taxes$2958%Insurance$632%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$1,154

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,690

Total Expenses

$2,536

Mortgage P&I

25%

$922

Property Taxes

8%

$295

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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