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$4,478 (target)

51 Torrington Dr, Warwick, RI 02889

3 beds • 2 baths • 1296 sqft

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This property might be a fair Mid-Term investment with a projected 4.51% first-year return on $101k initial cash invested.

4.51%

Cash On Cash

8.02%

Cap Rate

1.27

DSCR

$4,478

Rent

$381

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,478 income − $4,097 expenses = $381 cash flow

Income$4,478Mortgage P&I$2,09347%Property Taxes$3428%Insurance$1403%Management$53712%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49311%Cash Flow$381

Investment Breakdown

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Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,420

Closing costs

1%

$3,971

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,478

Total Expenses

$4,097

Mortgage P&I

47%

$2,093

Property Taxes

8%

$342

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$537

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$493

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