REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,242 (target)

13 Manchester St, Warwick, RI 02888

3 beds • 2 baths • 1258 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.7% first-year return on $113k initial cash invested.

-10.7%

Cash On Cash

4.33%

Cap Rate

0.7

DSCR

$3,242

Rent

-$1,012

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,242 income − $4,254 expenses = $1,012 out of pocket

Income$3,242Out of Pocket$1,012Mortgage P&I$2,80186%Property Taxes$41813%Insurance$1926%Management$32410%CapEx$1625%Vacancy$1956%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,403

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,242

Total Expenses

$4,254

Mortgage P&I

86%

$2,801

Property Taxes

13%

$418

Home Insurance

6%

$192

HOA

0%

$0

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis