REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,228 (target)

27 Forestwood Dr, Smithfield, RI 02917

3 beds • 2 baths • 1368 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.05% first-year return on $123k initial cash invested.

-13.05%

Cash On Cash

3.75%

Cap Rate

0.61

DSCR

$3,228

Rent

-$1,340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,228 income − $4,568 expenses = $1,340 out of pocket

Income$3,228Out of Pocket$1,340Mortgage P&I$3,01393%Property Taxes$50616%Insurance$2107%Management$32310%CapEx$1615%Vacancy$1946%Maintenance$1615%

Investment Breakdown

|

Purchase Price

$587k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$117k

Closing costs

1%

$5,869

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,228

Total Expenses

$4,568

Mortgage P&I

93%

$3,013

Property Taxes

16%

$506

Home Insurance

7%

$210

HOA

0%

$0

Property Management

10%

$323

CapEx

5%

$161

Vacancy

6%

$194

Maintenance

5%

$161

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis