REI Lense

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$4,938 (target)

212 Lexington Ave, North Providence, RI 02904

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Mid-Term investment with a projected -1.49% first-year return on $128k initial cash invested.

-1.49%

Cash On Cash

6.28%

Cap Rate

1.01

DSCR

$4,938

Rent

-$159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,938 income − $5,097 expenses = $159 out of pocket

Income$4,938Out of Pocket$159Mortgage P&I$2,71155%Property Taxes$52211%Insurance$1844%Management$59312%CapEx$1984%Vacancy$1483%Maintenance$1984%Other$54311%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,254

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,938

Total Expenses

$5,097

Mortgage P&I

55%

$2,711

Property Taxes

11%

$522

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$593

CapEx

4%

$198

Vacancy

3%

$148

Maintenance

4%

$198

Other

11%

$543

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