REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,241 (target)

56 McKay Ct, Warwick, RI 02889

3 beds • 3 baths • 1612 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.89% first-year return on $120k initial cash invested.

-12.89%

Cash On Cash

3.83%

Cap Rate

0.62

DSCR

$3,241

Rent

-$1,288

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,241 income − $4,529 expenses = $1,288 out of pocket

Income$3,241Out of Pocket$1,288Mortgage P&I$2,95191%Property Taxes$53517%Insurance$2016%Management$32410%CapEx$1625%Vacancy$1946%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$571k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$114k

Closing costs

1%

$5,712

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,241

Total Expenses

$4,529

Mortgage P&I

91%

$2,951

Property Taxes

17%

$535

Home Insurance

6%

$201

HOA

0%

$0

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$194

Maintenance

5%

$162

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis