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322 Mountaindale Rd, Smithfield, RI 02917
5 beds • 3 baths • 2236 sqft • 2 units
$580,600
View on ZillowThis property could be a profitable Mid-Term investment with a projected 11.88% first-year return on $152k initial cash invested.
11.88%
Cash On Cash
10%
Cap Rate
1.6
DSCR
$7,854
Rent
$1,504
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,854 income − $6,350 expenses = $1,504 cash flow
Investment Breakdown
|
Purchase Price
$581k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$152k
Downpayment
20%
$116k
Closing costs
1%
$5,806
Rehab
0%
$0
Furnishing
5%
$30,000
Cashflow
Total Income
$7,854
Total Expenses
$6,350
Mortgage P&I
38%
$3,018
Property Taxes
6%
$459
Home Insurance
3%
$203
HOA
0%
$0
Property Management
12%
$942
CapEx
4%
$314
Vacancy
3%
$236
Maintenance
4%
$314
Other
11%
$864