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$1,625 (target)

200 Manville Hill Rd APT 66, Cumberland, RI 02864

1 beds • 1 baths • 650 sqft

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This property looks like a bad Long-Term investment with a projected -1.93% first-year return on $42,840 initial cash invested.

-1.93%

Cash On Cash

6.34%

Cap Rate

1.01

DSCR

$1,625

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,625 income − $1,694 expenses = $69 out of pocket

Income$1,625Out of Pocket$69Mortgage P&I$1,06566%Property Taxes$1368%Insurance$714%Management$16210%CapEx$815%Vacancy$986%Maintenance$815%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,840

Downpayment

20%

$40,800

Closing costs

1%

$2,040

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,625

Total Expenses

$1,694

Mortgage P&I

66%

$1,065

Property Taxes

8%

$136

Home Insurance

4%

$71

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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