REI Lense

REI Lense

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$4,000 (target)

140 Lake View Rd, Cranston, RI 02920

3 beds • 3 baths • 1022 sqft

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This property looks like a bad Mid-Term investment with a projected -2.41% first-year return on $113k initial cash invested.

-2.41%

Cash On Cash

5.84%

Cap Rate

0.97

DSCR

$4,000

Rent

-$227

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

$113k

Downpayment

20%

$90,320

Closing costs

1%

$4,516

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,000

Total Expenses

$4,227

Mortgage P&I

57%

$2,264

Property Taxes

11%

$445

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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