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48 Rowe Ave, Warwick, RI 02889

3 beds • 3 baths • 2226 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $131k initial cash invested.

2.52%

Cash On Cash

7.11%

Cap Rate

1.18

DSCR

$5,468

Rent

$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,364

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,468

Total Expenses

$5,194

Mortgage P&I

49%

$2,683

Property Taxes

8%

$463

Home Insurance

3%

$189

HOA

0%

$0

Property Management

12%

$656

CapEx

4%

$219

Vacancy

3%

$164

Maintenance

4%

$219

Other

11%

$601

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