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$6,234 (target)

24 Walsh St, Providence, RI 02909

3 beds • 3 baths • 2260 sqft

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This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $138k initial cash invested.

5.14%

Cash On Cash

7.97%

Cap Rate

1.29

DSCR

$6,234

Rent

$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,234 income − $5,644 expenses = $590 cash flow

Income$6,234Mortgage P&I$2,94347%Property Taxes$3906%Insurance$1923%Management$74812%CapEx$2494%Vacancy$1873%Maintenance$2494%Other$68611%Cash Flow$590

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,696

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,234

Total Expenses

$5,644

Mortgage P&I

47%

$2,943

Property Taxes

6%

$390

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$748

CapEx

4%

$249

Vacancy

3%

$187

Maintenance

4%

$249

Other

11%

$686

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