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$4,470 (target)

145 Massasoit Dr, Warwick, RI 02888

3 beds • 2 baths • 1482 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $111k initial cash invested.

1.87%

Cash On Cash

6.97%

Cap Rate

1.16

DSCR

$4,470

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,470 income − $4,296 expenses = $174 cash flow

Income$4,470Mortgage P&I$2,23250%Property Taxes$3869%Insurance$1584%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49211%Cash Flow$174

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,020

Closing costs

1%

$4,451

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,470

Total Expenses

$4,296

Mortgage P&I

50%

$2,232

Property Taxes

9%

$386

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$492

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