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$6,511 (target)

340 Washington Rd, Barrington, RI 02806

4 beds • 2.5 baths • 3388 sqft

$1,334,900

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This property looks like a bad Long-Term investment with a projected -16.44% first-year return on $280k initial cash invested.

-16.44%

Cash On Cash

2.99%

Cap Rate

0.49

DSCR

$6,511

Rent

-$3,840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,511 income − $10,351 expenses = $3,840 out of pocket

Income$6,511Out of Pocket$3,840Mortgage P&I$6,835105%Property Taxes$1,35521%Insurance$4677%Management$65110%CapEx$3265%Vacancy$3916%Maintenance$3265%

Investment Breakdown

|

Purchase Price

$1335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$280k

Downpayment

20%

$267k

Closing costs

1%

$13,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$6,511

Total Expenses

$10,351

Mortgage P&I

105%

$6,835

Property Taxes

21%

$1,355

Home Insurance

7%

$467

HOA

0%

$0

Property Management

10%

$651

CapEx

5%

$326

Vacancy

6%

$391

Maintenance

5%

$326

Other

0%

$0

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