REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,060 (target)

37 Forrestal Dr, Westerly, RI 02891

3 beds • 2 baths • 1712 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.17% first-year return on $157k initial cash invested.

-19.17%

Cash On Cash

2.97%

Cap Rate

0.44

DSCR

$3,060

Rent

-$2,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,060 income − $5,573 expenses = $2,513 out of pocket

Income$3,060Out of Pocket$2,513Mortgage P&I$4,215138%Property Taxes$30010%Insurance$2629%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

|

Purchase Price

$749k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,060

Total Expenses

$5,573

Mortgage P&I

138%

$4,215

Property Taxes

10%

$300

Home Insurance

9%

$262

HOA

0%

$0

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis