REI Lense

REI Lense

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$3,648 (target)

14 S Pond Dr, Coventry, RI 02816

3 beds • 2 baths • 2724 sqft

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This property looks like a bad Long-Term investment with a projected -9.42% first-year return on $114k initial cash invested.

-9.42%

Cash On Cash

4.64%

Cap Rate

0.75

DSCR

$3,648

Rent

-$896

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,648 income − $4,544 expenses = $896 out of pocket

Income$3,648Out of Pocket$896Mortgage P&I$2,81877%Property Taxes$58616%Insurance$1925%Management$36510%CapEx$1825%Vacancy$2196%Maintenance$1825%

Investment Breakdown

|

Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$109k

Closing costs

1%

$5,437

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,648

Total Expenses

$4,544

Mortgage P&I

77%

$2,818

Property Taxes

16%

$586

Home Insurance

5%

$192

HOA

0%

$0

Property Management

10%

$365

CapEx

5%

$182

Vacancy

6%

$219

Maintenance

5%

$182

Other

0%

$0

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