REI Lense

REI Lense

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$3,307 (target)

152 Concord Ave, Cranston, RI 02910

3 beds • 2 baths • 2570 sqft

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This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $111k initial cash invested.

-9.76%

Cash On Cash

4.55%

Cap Rate

0.73

DSCR

$3,307

Rent

-$899

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,307 income − $4,206 expenses = $899 out of pocket

Income$3,307Out of Pocket$899Mortgage P&I$2,72882%Property Taxes$43313%Insurance$1866%Management$33110%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$105k

Closing costs

1%

$5,262

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,307

Total Expenses

$4,206

Mortgage P&I

82%

$2,728

Property Taxes

13%

$433

Home Insurance

6%

$186

HOA

0%

$0

Property Management

10%

$331

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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