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$3,604 (target)

75 Summit Street, Norwich, CT 06360

3 beds • 2 baths • 1126 sqft

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This property might be a fair Mid-Term investment with a projected 2.97% first-year return on $84,759 initial cash invested.

2.97%

Cash On Cash

7.32%

Cap Rate

1.22

DSCR

$3,604

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,604 income − $3,394 expenses = $210 cash flow

Income$3,604Mortgage P&I$1,58644%Property Taxes$47013%Insurance$1143%Management$43212%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39611%Cash Flow$210

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,759

Downpayment

20%

$63,580

Closing costs

1%

$3,179

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,604

Total Expenses

$3,394

Mortgage P&I

44%

$1,586

Property Taxes

13%

$470

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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