REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,860 (target)

1 Gladding Dr, Cumberland, RI 02864

3 beds • 3 baths • 2669 sqft

Email

This property looks like a bad Long-Term investment with a projected -20.57% first-year return on $193k initial cash invested.

-20.57%

Cash On Cash

2.68%

Cap Rate

0.4

DSCR

$3,860

Rent

-$3,315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,860 income − $7,175 expenses = $3,315 out of pocket

Income$3,860Out of Pocket$3,315Mortgage P&I$5,178134%Property Taxes$66717%Insurance$3268%Management$38610%CapEx$1935%Vacancy$2326%Maintenance$1935%

Investment Breakdown

|

Purchase Price

$921k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$193k

Downpayment

20%

$184k

Closing costs

1%

$9,210

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,860

Total Expenses

$7,175

Mortgage P&I

134%

$5,178

Property Taxes

17%

$667

Home Insurance

8%

$326

HOA

0%

$0

Property Management

10%

$386

CapEx

5%

$193

Vacancy

6%

$232

Maintenance

5%

$193

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis