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$6,142 (target)

39 Mann School Rd, Smithfield, RI 02917

3 beds • 2 baths • 2245 sqft

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This property looks like a bad Mid-Term investment with a projected -1.27% first-year return on $162k initial cash invested.

-1.27%

Cash On Cash

6.2%

Cap Rate

1.02

DSCR

$6,142

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,142 income − $6,313 expenses = $171 out of pocket

Income$6,142Out of Pocket$171Mortgage P&I$3,46656%Property Taxes$5138%Insurance$2454%Management$73712%CapEx$2464%Vacancy$1843%Maintenance$2464%Other$67611%

Investment Breakdown

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Purchase Price

$686k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,855

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,142

Total Expenses

$6,313

Mortgage P&I

56%

$3,466

Property Taxes

8%

$513

Home Insurance

4%

$245

HOA

0%

$0

Property Management

12%

$737

CapEx

4%

$246

Vacancy

3%

$184

Maintenance

4%

$246

Other

11%

$676

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