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$4,278 (target)

891 Bank Street, New London, CT 06320

3 beds • 2 baths • 1468 sqft

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This property might be a fair Mid-Term investment with a projected 7.61% first-year return on $91,185 initial cash invested.

7.61%

Cash On Cash

8.69%

Cap Rate

1.42

DSCR

$4,278

Rent

$578

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,278 income − $3,700 expenses = $578 cash flow

Income$4,278Mortgage P&I$1,77541%Property Taxes$3498%Insurance$1223%Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%Cash Flow$578

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,185

Downpayment

20%

$69,700

Closing costs

1%

$3,485

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,278

Total Expenses

$3,700

Mortgage P&I

41%

$1,775

Property Taxes

8%

$349

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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