REI Lense

REI Lense

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$2,667 (target)

140 Lake View Rd, Cranston, RI 02920

3 beds • 3 baths • 1022 sqft

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This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $94,836 initial cash invested.

-11.3%

Cash On Cash

4%

Cap Rate

0.66

DSCR

$2,667

Rent

-$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$452k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,836

Downpayment

20%

$90,320

Closing costs

1%

$4,516

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,667

Total Expenses

$3,560

Mortgage P&I

85%

$2,264

Property Taxes

17%

$445

Home Insurance

6%

$158

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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