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$4,863 (target)

13 Manchester St, Warwick, RI 02888

3 beds • 2 baths • 1258 sqft

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This property looks like a bad Mid-Term investment with a projected -1.85% first-year return on $131k initial cash invested.

-1.85%

Cash On Cash

6.2%

Cap Rate

1

DSCR

$4,863

Rent

-$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,863 income − $5,066 expenses = $203 out of pocket

Income$4,863Out of Pocket$203Mortgage P&I$2,80158%Property Taxes$4189%Insurance$1924%Management$58412%CapEx$1954%Vacancy$1463%Maintenance$1954%Other$53511%

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,403

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,863

Total Expenses

$5,066

Mortgage P&I

58%

$2,801

Property Taxes

9%

$418

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$584

CapEx

4%

$195

Vacancy

3%

$146

Maintenance

4%

$195

Other

11%

$535

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