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$6,292 (target)

15 Williams Rd, Smithfield, RI 02917

3 beds • 2 baths • 1807 sqft

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This property might be a fair Mid-Term investment with a projected 3.02% first-year return on $142k initial cash invested.

3.02%

Cash On Cash

7.54%

Cap Rate

1.2

DSCR

$6,292

Rent

$356

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,292 income − $5,936 expenses = $356 cash flow

Income$6,292Mortgage P&I$3,08849%Property Taxes$4988%Insurance$2103%Management$75512%CapEx$2524%Vacancy$1893%Maintenance$2524%Other$69211%Cash Flow$356

Investment Breakdown

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Purchase Price

$588k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,881

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,292

Total Expenses

$5,936

Mortgage P&I

49%

$3,088

Property Taxes

8%

$498

Home Insurance

3%

$210

HOA

0%

$0

Property Management

12%

$755

CapEx

4%

$252

Vacancy

3%

$189

Maintenance

4%

$252

Other

11%

$692

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