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$4,842 (target)

27 Forestwood Dr, Smithfield, RI 02917

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Mid-Term investment with a projected -4.54% first-year return on $141k initial cash invested.

-4.54%

Cash On Cash

5.47%

Cap Rate

0.89

DSCR

$4,842

Rent

-$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,842 income − $5,376 expenses = $534 out of pocket

Income$4,842Out of Pocket$534Mortgage P&I$3,01362%Property Taxes$50610%Insurance$2104%Management$58112%CapEx$1944%Vacancy$1453%Maintenance$1944%Other$53311%

Investment Breakdown

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Purchase Price

$587k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,869

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,842

Total Expenses

$5,376

Mortgage P&I

62%

$3,013

Property Taxes

10%

$506

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$581

CapEx

4%

$194

Vacancy

3%

$145

Maintenance

4%

$194

Other

11%

$533

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