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$3,636 (target)

75 Pierce Street, Torrington, CT 06790

3 beds • 2 baths • 1008 sqft

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This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $84,717 initial cash invested.

1.64%

Cash On Cash

7.05%

Cap Rate

1.16

DSCR

$3,636

Rent

$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,636 income − $3,520 expenses = $116 cash flow

Income$3,636Mortgage P&I$1,60644%Property Taxes$57116%Insurance$1083%Management$43612%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$40011%Cash Flow$116

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,717

Downpayment

20%

$63,540

Closing costs

1%

$3,177

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,636

Total Expenses

$3,520

Mortgage P&I

44%

$1,606

Property Taxes

16%

$571

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$400

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