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$3,741 (target)

2446R Plainfield Pike, Johnston, RI 02919

2 beds • 1 baths • 1008 sqft

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This property might be a fair Mid-Term investment with a projected 0.14% first-year return on $91,674 initial cash invested.

0.14%

Cash On Cash

6.73%

Cap Rate

1.08

DSCR

$3,741

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,741 income − $3,730 expenses = $11 cash flow

Income$3,741Mortgage P&I$1,96753%Property Taxes$35710%Insurance$1334%Management$44912%CapEx$1504%Vacancy$1123%Maintenance$1504%Other$41211%Cash Flow$11

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,674

Downpayment

20%

$75,880

Closing costs

1%

$3,794

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$3,741

Total Expenses

$3,730

Mortgage P&I

53%

$1,967

Property Taxes

10%

$357

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$449

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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