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$4,708 (target)

9 Rocky Ridge Lane, Farmington, CT 06032

3 beds • 2 baths • 1290 sqft

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This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $113k initial cash invested.

1.59%

Cash On Cash

6.91%

Cap Rate

1.15

DSCR

$4,708

Rent

$149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,708 income − $4,559 expenses = $149 cash flow

Income$4,708Mortgage P&I$2,25348%Property Taxes$54812%Insurance$1583%Management$56512%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51811%Cash Flow$149

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,708

Total Expenses

$4,559

Mortgage P&I

48%

$2,253

Property Taxes

12%

$548

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$565

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$518

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