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322 Mountaindale Rd, Smithfield, RI 02917
5 beds • 3 baths • 2236 sqft • 2 units
$580,600
View on ZillowThis property might be a fair Long-Term investment with a projected 1.91% first-year return on $122k initial cash invested.
1.91%
Cash On Cash
7.18%
Cap Rate
1.15
DSCR
$5,236
Rent
$194
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,236 income − $5,042 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$581k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,806
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,236
Total Expenses
$5,042
Mortgage P&I
58%
$3,018
Property Taxes
9%
$459
Home Insurance
4%
$203
HOA
0%
$0
Property Management
10%
$524
CapEx
5%
$262
Vacancy
6%
$314
Maintenance
5%
$262
Other
0%
$0