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$2,460 (target)

74 Maple Street, Meriden, CT 06451

3 beds • 2 baths • 1232 sqft

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This property could be a profitable Long-Term investment with a projected 17.15% first-year return on $37,779 initial cash invested.

17.15%

Cash On Cash

10.57%

Cap Rate

1.72

DSCR

$2,460

Rent

$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,460 income − $1,920 expenses = $540 cash flow

Income$2,460Mortgage P&I$92237%Property Taxes$29512%Insurance$633%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%Cash Flow$540

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,460

Total Expenses

$1,920

Mortgage P&I

37%

$922

Property Taxes

12%

$295

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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