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$5,673 (target)

349 Blackstone St, Providence, RI 02907

3 beds • 3 baths • 2016 sqft

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This property looks like a bad Mid-Term investment with a projected -3.47% first-year return on $163k initial cash invested.

-3.47%

Cash On Cash

5.98%

Cap Rate

0.93

DSCR

$5,673

Rent

-$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,673 income − $6,145 expenses = $472 out of pocket

Income$5,673Out of Pocket$472Mortgage P&I$3,68865%Property Taxes$2835%Insurance$2454%Management$68112%CapEx$2274%Vacancy$1703%Maintenance$2274%Other$62411%

Investment Breakdown

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Purchase Price

$691k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,910

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,673

Total Expenses

$6,145

Mortgage P&I

65%

$3,688

Property Taxes

5%

$283

Home Insurance

4%

$245

HOA

0%

$0

Property Management

12%

$681

CapEx

4%

$227

Vacancy

3%

$170

Maintenance

4%

$227

Other

11%

$624

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