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$3,933 (target)

234 3rd Ave, Cranston, RI 02910

3 beds • 3 baths • 1948 sqft

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This property looks like a bad Mid-Term investment with a projected -4.92% first-year return on $119k initial cash invested.

-4.92%

Cash On Cash

5.25%

Cap Rate

0.86

DSCR

$3,933

Rent

-$487

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,933 income − $4,420 expenses = $487 out of pocket

Income$3,933Out of Pocket$487Mortgage P&I$2,43162%Property Taxes$48412%Insurance$1684%Management$47212%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43311%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,960

Closing costs

1%

$4,798

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,933

Total Expenses

$4,420

Mortgage P&I

62%

$2,431

Property Taxes

12%

$484

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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