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$5,229 (target)

108 Elmwood Dr, North Kingstown, RI 02852

3 beds • 2 baths • 1732 sqft

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This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $127k initial cash invested.

1.03%

Cash On Cash

7.14%

Cap Rate

1.11

DSCR

$5,229

Rent

$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,229 income − $5,120 expenses = $109 cash flow

Income$5,229Mortgage P&I$2,76653%Property Taxes$3938%Insurance$1844%Management$62712%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57511%Cash Flow$109

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,183

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,229

Total Expenses

$5,120

Mortgage P&I

53%

$2,766

Property Taxes

8%

$393

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$627

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$575

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