REI Lense

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$4,424 (target)

150 Freeman St, Warwick, RI 02886

3 beds • 2 baths • 2250 sqft

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This property looks like a bad Long-Term investment with a projected -1.44% first-year return on $108k initial cash invested.

-1.44%

Cash On Cash

6.54%

Cap Rate

1.03

DSCR

$4,424

Rent

-$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,424 income − $4,554 expenses = $130 out of pocket

Income$4,424Out of Pocket$130Mortgage P&I$2,71561%Property Taxes$50811%Insurance$1824%Management$44210%CapEx$2215%Vacancy$2656%Maintenance$2215%

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,147

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,424

Total Expenses

$4,554

Mortgage P&I

61%

$2,715

Property Taxes

11%

$508

Home Insurance

4%

$182

HOA

0%

$0

Property Management

10%

$442

CapEx

5%

$221

Vacancy

6%

$265

Maintenance

5%

$221

Other

0%

$0

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