REI Lense

REI Lense

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$3,340 (target)

5 Brown Ave, Johnston, RI 02919

3 beds • 2 baths • 1824 sqft

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This property looks like a bad Long-Term investment with a projected -4.82% first-year return on $95,781 initial cash invested.

-4.82%

Cash On Cash

5.49%

Cap Rate

0.91

DSCR

$3,340

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,340 income − $3,725 expenses = $385 out of pocket

Income$3,340Out of Pocket$385Mortgage P&I$2,30669%Property Taxes$39012%Insurance$1615%Management$33410%CapEx$1675%Vacancy$2006%Maintenance$1675%

Investment Breakdown

|

Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,781

Downpayment

20%

$91,220

Closing costs

1%

$4,561

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,340

Total Expenses

$3,725

Mortgage P&I

69%

$2,306

Property Taxes

12%

$390

Home Insurance

5%

$161

HOA

0%

$0

Property Management

10%

$334

CapEx

5%

$167

Vacancy

6%

$200

Maintenance

5%

$167

Other

0%

$0

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