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$2,438 (target)

200 Manville Hill Rd APT 66, Cumberland, RI 02864

1 beds • 1 baths • 650 sqft

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This property might be a fair Mid-Term investment with a projected 8.26% first-year return on $48,840 initial cash invested.

8.26%

Cash On Cash

8.82%

Cap Rate

1.41

DSCR

$2,438

Rent

$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,438 income − $2,102 expenses = $336 cash flow

Income$2,438Mortgage P&I$1,06544%Property Taxes$1366%Insurance$713%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26811%Cash Flow$336

Investment Breakdown

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Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,840

Downpayment

20%

$40,800

Closing costs

1%

$2,040

Rehab

0%

$0

Furnishing

3%

$6,000

Cashflow

Total Income

$2,438

Total Expenses

$2,102

Mortgage P&I

44%

$1,065

Property Taxes

6%

$136

Home Insurance

3%

$71

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

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