REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,986 (target)

3 Cote Ct, Coventry, RI 02816

3 beds • 2 baths • 2182 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.23% first-year return on $106k initial cash invested.

-11.23%

Cash On Cash

4.07%

Cap Rate

0.67

DSCR

$2,986

Rent

-$987

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $3,973 expenses = $987 out of pocket

Income$2,986Out of Pocket$987Mortgage P&I$2,54085%Property Taxes$47316%Insurance$1846%Management$29910%CapEx$1495%Vacancy$1796%Maintenance$1495%

Investment Breakdown

|

Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$100k

Closing costs

1%

$5,024

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,986

Total Expenses

$3,973

Mortgage P&I

85%

$2,540

Property Taxes

16%

$473

Home Insurance

6%

$184

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis