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273 Montgomery Ave, Providence, RI 02905

3 beds • 2 baths • 1374 sqft

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This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $97,065 initial cash invested.

7.74%

Cash On Cash

8.42%

Cap Rate

1.43

DSCR

$4,245

Rent

$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,065

Downpayment

20%

$75,300

Closing costs

1%

$3,765

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,245

Total Expenses

$3,619

Mortgage P&I

43%

$1,846

Property Taxes

5%

$199

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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