REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,590 (target)

37 Forrestal Dr, Westerly, RI 02891

3 beds • 2 baths • 1712 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.97% first-year return on $175k initial cash invested.

-11.97%

Cash On Cash

4.25%

Cap Rate

0.63

DSCR

$4,590

Rent

-$1,749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,590 income − $6,339 expenses = $1,749 out of pocket

Income$4,590Out of Pocket$1,749Mortgage P&I$4,21592%Property Taxes$3007%Insurance$2626%Management$55112%CapEx$1844%Vacancy$1383%Maintenance$1844%Other$50511%

Investment Breakdown

|

Purchase Price

$749k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,590

Total Expenses

$6,339

Mortgage P&I

92%

$4,215

Property Taxes

7%

$300

Home Insurance

6%

$262

HOA

0%

$0

Property Management

12%

$551

CapEx

4%

$184

Vacancy

3%

$138

Maintenance

4%

$184

Other

11%

$505

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis