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$4,456 (target)

901 River Road, Groton, CT 06355

3 beds • 3 baths • 2888 sqft

$1,408,000

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This property looks like a bad Long-Term investment with a projected -24.4% first-year return on $296k initial cash invested.

-24.4%

Cash On Cash

1.61%

Cap Rate

0.25

DSCR

$4,456

Rent

-$6,011

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,456 income − $10,467 expenses = $6,011 out of pocket

Income$4,456Out of Pocket$6,011Mortgage P&I$7,674172%Property Taxes$1,12325%Insurance$51111%Management$44610%CapEx$2235%Vacancy$2676%Maintenance$2235%

Investment Breakdown

|

Purchase Price

$1408k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$296k

Downpayment

20%

$282k

Closing costs

1%

$14,080

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,456

Total Expenses

$10,467

Mortgage P&I

172%

$7,674

Property Taxes

25%

$1,123

Home Insurance

11%

$511

HOA

0%

$0

Property Management

10%

$446

CapEx

5%

$223

Vacancy

6%

$267

Maintenance

5%

$223

Other

0%

$0

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