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$3,890 (target)

1164 Scituate Ave, Cranston, RI 02921

3 beds • 3 baths • 2950 sqft

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This property looks like a bad Long-Term investment with a projected -10.45% first-year return on $134k initial cash invested.

-10.45%

Cash On Cash

4.26%

Cap Rate

0.7

DSCR

$3,890

Rent

-$1,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,890 income − $5,055 expenses = $1,165 out of pocket

Income$3,890Out of Pocket$1,165Mortgage P&I$3,23583%Property Taxes$58215%Insurance$2286%Management$38910%CapEx$1945%Vacancy$2336%Maintenance$1945%

Investment Breakdown

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Purchase Price

$637k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$127k

Closing costs

1%

$6,373

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,890

Total Expenses

$5,055

Mortgage P&I

83%

$3,235

Property Taxes

15%

$582

Home Insurance

6%

$228

HOA

0%

$0

Property Management

10%

$389

CapEx

5%

$194

Vacancy

6%

$233

Maintenance

5%

$194

Other

0%

$0

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