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$4,832 (target)

24 Sweet Fern Dr, Cranston, RI 02921

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 2.58% first-year return on $118k initial cash invested.

2.58%

Cash On Cash

7.04%

Cap Rate

1.19

DSCR

$4,832

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,832 income − $4,579 expenses = $253 cash flow

Income$4,832Mortgage P&I$2,34048%Property Taxes$4309%Insurance$1663%Management$58012%CapEx$1934%Vacancy$1453%Maintenance$1934%Other$53211%Cash Flow$253

Investment Breakdown

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Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,832

Total Expenses

$4,579

Mortgage P&I

48%

$2,340

Property Taxes

9%

$430

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$580

CapEx

4%

$193

Vacancy

3%

$145

Maintenance

4%

$193

Other

11%

$532

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