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$4,326 (target)

4 Cooke Pl, Warwick, RI 02888

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Mid-Term investment with a projected -2.54% first-year return on $120k initial cash invested.

-2.54%

Cash On Cash

6.02%

Cap Rate

0.97

DSCR

$4,326

Rent

-$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,326 income − $4,580 expenses = $254 out of pocket

Income$4,326Out of Pocket$254Mortgage P&I$2,51358%Property Taxes$42510%Insurance$1714%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,960

Closing costs

1%

$4,848

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,326

Total Expenses

$4,580

Mortgage P&I

58%

$2,513

Property Taxes

10%

$425

Home Insurance

4%

$171

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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